For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,750,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20564954
Sold Date 05/06/20
HOA Y/N No
Year Built 1936
Property Description
Beautiful Mediterranean style, property located in the Wilshire-Montana corridor. Corner lot with great curb appeal and visibility. Tremendous 80% upside on rents. Proforma CAP rate of 5.17%. Less than $500k per unit. It consists of 3 separate structures, creating a home-like bungalow/townhome style for its' tenants. Separately metered for gas and electricity, this low maintenance building offers lush landscaping and parking garages. 6 units total, consisting of (4) 1 bedroom+1 bathroom units, (1) 2 bedroom + 1.5 bath Townhome style unit and (1) 3 bedroom + 1.5 bath Townhome style unit. Don't miss this opportunity to purchase a trophy asset in prime North of Wilshire location. This type of opportunity doesn't come around often.
Location
State CA
County Los Angeles
Area C14 - Santa Monica
Zoning SMR2*
Interior
Cooling None
Fireplace No
Appliance Disposal, Refrigerator
Exterior
Garage Garage
Parking Type Garage
Building
Story 2
Others
Senior Community No
Tax ID 4281003001
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Don Favia • Realty Investment Advisors, Inc.
Get More Information
- San Francisco, CA
- Oakland, CA
- San Diego, CA
- Berkeley, CA
- Palo Alto, CA
- San Jose, CA
- Concord, CA
- Fremont, CA
- Marin, CA
- Santa Clara, CA
- Daly City, CA
- San Ramon, CA
- Hercules, CA
- Vallejo, CA
- Benicia, CA
- Fairfield, CA
- Redwood City, CA
- Richmond, CA
- Atherton, CA
- Alameda, CA
- Hayward, CA
- Pleasanton, CA
- Livermore, CA
- San Leandro, CA
- Vacaville, CA
- Cupertino, CA
- Walnut Creek, CA
- Dublin, CA
- Castro Valley, CA
- Mill Valley, CA
- Tiburon, CA
- Sausalito, CA
- Napa, CA
- American Canyon , CA
- San Rafael, CA
- Mountain View, CA
- Sunnyvale, CA
- Los Gatos, CA
- Tracy, CA
- Brentwood, CA
- Oakley, CA
- Discovery Bay, CA
- Orinda, CA
- Moraga, CA
- Lafayette, CA
- Alamo, CA
- Foster City, CA