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This legacy property is the Best Value in Reynier Village at $227k Per Unit, $232 PSF and 11.67 times Gross !! It has been in the family for 51 years, and professionally managed for decades. The location is prime. It's just a few blocks from Kaiser West LA, Culver City Arts District, HBO, Apple, Amazon Studios, etc. The unit mix is ideal with (3) 2BR/1BA, and (6) 1BR/1BA. Two of the units will be delivered vacant and there is over 50% upside on potential rent. The building has been well maintained. A brand new electrical service panel was installed last year with permits, and EQ retrofit has been completed. There are 9 parking spaces and secure entry for the tenants safety and convenience. The property is being sold in conjunction with 2038 Holt St., and be purchased together or separately. Don't miss this one!
Property Type(s):
Residential Income
| Last Updated | 5/3/2025 | Year Built | 1957 |
|---|---|---|---|
| Community | Beverlywood Vicinity | County | Los Angeles |
Additional Details
| APPLIANCES | Disposal |
|---|---|
| AREA | Beverlywood Vicinity |
| GARAGE | Assigned |
| HEAT | Natural Gas |
| LOT | 7504 sq ft |
| PARKING | Assigned |
| STORIES | 2 |
| ZONING | LARD1.5 |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
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