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$2,695,000
Est. payment /mo
4,408 Sqft Lot
UPDATED:
10/11/2024 12:42 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24117208
HOA Y/N No
Year Built 1942
Lot Size 4,408 Sqft
Property Description
Prime Sawtelle neighborhood 7 unit apartment building located in the heart of West Los Angeles with easy access to the freeways, UCLA and Santa Monica College. Fully rented with good, responsible tenants. Building was originally built in the 1940s and then upgraded to a 5 unit in the 1960 and converted to a 7 unit building in 2023. Great unit mix with 9 tandem parking spaces and laundry room and machines on site. Low maintenance and upgraded in 2014 to conform to L.A. City's soft story earthquake reinforcement standards. Existing five year $900K mortgage at approximately 3% APR assumable subject to lender fee and qualifications. Showings on accepted offer only. Please do not disturb occupants. Call listing contact for additional information. Buyer to cooperate with Seller's 1031 exchange.
Location
State CA
County Los Angeles
Area Wla - West Los Angeles
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Forced Air
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 9
Utilities Available Electricity Connected
Roof Type Shingle
Total Parking Spaces 10
Building
Lot Description Walkstreet
Story 2
Water Public
Others
Tax ID 4261017015
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
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Listed by Orlando Cruz • Brightstone Estate Properties • 818-430-4210