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9 unit residential income property located in the heart of the Sawtelle neighborhood of West Los Angeles. Fully occupied with good upside potential. Gated building with 12 parking spaces, including 4 tandem spaces. Many units have been remodeled with hardwood floors and newer appliances. Easy access to the 405/10 freeways and ideal for UCLA/SMC students. Building has not had a vacancy in almost 10 years due to high demand for rentals in the area. Please contact for Offering Memorandum and questions. Please do not enter property or disturb occupants. Buyer to cooperate with Seller's 1031 exchange. Existing $1.4M loan at 3% APR is assumable subject to fees and lender qualifications.
Property Type(s):
Commercial
| Last Updated | 10/16/2024 | Year Built | 1961 |
|---|---|---|---|
| Community | West Los Angeles | County | Los Angeles |
Price History
| Prior to Jul 24, '24 | $3,295,000 |
|---|---|
| Jul 24, '24 - Today | $2,995,000 |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | West Los Angeles |
| CONSTRUCTION | Stucco |
| HEAT | Forced Air |
| LOT | 7736 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| STORIES | 2 |
| UTILITIES | Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected, Electric: Standard |
| WATER | Public |
Location
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Listed with Brightstone Estate Properties
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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