Property Detail
Description
MAJOR PRICE REDUCTION!! 2 VACANT UNITS - ALL NUMBERS BASED ON PRO-FORMA (PROJECTED) RATES: Introducing an incredible investment opportunity! Welcome to this meticulously maintained 3-unit apartment building, located in the vibrant and thriving West LA neighborhood, just adjacent to Santa Monica. Fully renovated in 2016, this property offers an outstanding opportunity for investors or owner-occupants looking to capitalize on a prime location. The building spans 4,224 sqft and sits on a 5,403 sqft lot. Each of the three units features 3 bedrooms, 2 bathrooms and is in excellent condition. Modern amenities include stainless steel appliances, tankless water heaters, central air conditioning and heating, and in-unit laundry for added convenience. Additionally, the property boasts a 3-car garage and a large storage space, further enhancing its appeal and functionality. The front unit has been recently upgraded with brand-new flooring, fresh paint and is being delivered vacant, making it an ideal choice for immediate move-in or rental. Similarly, the back unit is also vacant and available for new tenants or as a personal residence, offering further flexibility. The middle unit, the smallest of the three, is currently occupied and generates a rental income of $4,200 per month. Residents will enjoy a wide range of dining options, diverse shops, numerous entertainment opportunities and access to excellent schools. With its combination of modern updates, prime location, ample parking, additional storage space, and in-unit laundry, this property represents a rare investment opportunity for those looking to expand their real estate portfolio or find a new place to call home while generating rental income. Don't miss out on this incredible opportunity. Contact us today for more details and to schedule a viewing!
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Listing provided courtesy of Preston Ukra of Equity Union. Last updated 2024-11-25 09:11:28.000000. Listing information © 2024 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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