Listing Agent: Carolyn Schneider
Listing Office: Miller & Desatnik Realty Co.
Attribution contact: 310-202-9166
Description
A rare opportunity to acquire a highly desirable 13 unit building in a prime West Los Angeles location. Long term owner and first time on the market in over 30 years. Building is in impeccable condition and has benefited from several key improvements such as the completion of the required seismic retrofit, balcony inspection, updated electrical (panels & breakers replaced), most kitchen and baths updated as well as the replacement of most windows and the installation of an entry glass security door, and security gates. Beautiful 'zeroscape' landscaping has been recently installed. The building has a desirable private 3 bedroom penthouse with private patio on the third floor for any potential owner user. Though generating a strong rental income, the property presents significant upside potential through strategic rent optimization, creating a value add opportunity. The building is strategically positioned in Prime WLA and allows for walking access to local markets and shopping, as well as access to Culver City, Century City, Santa Monica and the 405 & 10 freeways.
Location
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