$2,635,000
$2,400,000
9.8%For more information regarding the value of a property, please contact us for a free consultation.
6,802 SqFt
SOLD DATE : 12/07/2021
Key Details
Sold Price $2,635,000
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 6,802 sqft
Price per Sqft $387
MLS Listing ID WS21194103
Sold Date 12/07/21
HOA Y/N No
Year Built 1962
Lot Size 6,912 Sqft
Acres 0.1587
Property Description
Available for the first time in over 30+ years this highly desirable property located in Mar Vista which borders the Silicon Beach towns of Venice & Santa Monica.
The property is perfectly positioned between I-10 & I-405 amongst major upscale commercial & residential pockets of Los Angeles, offering residents a perfect balance of a charming residential setting with the perks of being close to Santa Monica & Venice beach, Marina Del Rey, Downtown Los Angeles, LAX, & West LA.
The property offers investors & developers an array of opportunities including purchasing and managing the building as is, purchasing and stabilizing rents at market and a value add opportunity of rebuilding the complex to today standards and increasing rents accordingly.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning LAR3
Rooms
Ensuite Laundry CommonArea
Interior
Interior Features Balcony, CeilingFans, LivingRoomDeckAttached, Storage, WalkInClosets
Laundry Location CommonArea
Heating WallFurnace
Cooling None, WallWindowUnits
Flooring Carpet, Laminate
Fireplaces Type Bath, DiningRoom, Electric, Gas, Kitchen, LivingRoom, Outside
Fireplace Yes
Appliance GasOven, Refrigerator, VentedExhaustFan, WaterHeater
Laundry CommonArea
Exterior
Exterior Feature Lighting, RainGutters
Garage Assigned, OnSite, OneSpace
Garage Spaces 8.0
Garage Description 8.0
Fence ExcellentCondition, Security
Pool None
Community Features Biking, DogPark, Fishing, Hiking, Park, Urban, WaterSports
Utilities Available CableAvailable, ElectricityConnected, NaturalGasConnected, WaterConnected
View Y/N No
View None
Roof Type Shingle
Accessibility SafeEmergencyEgressfromHome, Parking, AccessibleHallways
Parking Type Assigned, OnSite, OneSpace
Total Parking Spaces 8
Private Pool No
Building
Lot Description Item610UnitsAcre
Story Two
Entry Level Two
Foundation Slab, TieDown
Sewer PublicSewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4214021022
Security Features CarbonMonoxideDetectors,FireDetectionSystem,SmokeDetectors,SecurityLights
Acceptable Financing Cash, Conventional, Item1031Exchange
Listing Terms Cash, Conventional, Item1031Exchange
Financing Private
Special Listing Condition Standard
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Bought with MICHAEL MAK • TFS PROPERTIES, INC.