UPDATED:
10/23/2024 03:29 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 7,658 sqft
Price per Sqft $561
MLS Listing ID SB23162139
HOA Y/N No
Year Built 1963
Lot Size 7,431 Sqft
Acres 0.1706
Property Description
Until Feb 1. 2027. The loan amount is around $1.8M.
Very rare to find an asset like this in Westwood, one of the
most desired pocket of Los Angeles. You will not find a
better price/unit or price/sf in the area.
10786 Missouri Ave is a 8 unit trophy asset located in an
A+ area. The subject property is priced at $537k/unit and
still has room to improve the income. Once rented for
market, 10786 Missouri Ave will operate at a 5.46% CAP
and 13.05 GRM. This is the ideal asset for any investor
looking for cash-flow and appreciation in one of the
nicest neighborhoods in Los Angeles.
10786 Missouri Ave is comprised of (1) 3Bed+2Bath (2)
2Bed+2Bath, and (5) 1Bed+1Bath units. Two units will be
delivered vacant. Due to its location, the subject property
demands high rents, beneficial to any new buyer. There
are 5 tandem parking spots, as well as 2 parking spaces
in the rear.
Located just minutes away from many shops, restaurants
and other entertainment- this is a renter's dream! With a
89 walk score, this property is considered a walker's
paradise.
Location
State CA
County Los Angeles
Area C05 - Westwood - Century City
Zoning LAR3
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Urban
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4321010001
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard