CA > Los Angeles
Los Angeles, CA 90016,2725 S La Brea AVE
Los Angeles, CA 90016,2725 S La Brea AVE
Los Angeles, CA 90016,2725 S La Brea AVE
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Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$6,990,000
Est. payment /mo
15,860 SqFt
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UPDATED:

09/30/2024 06:07 PM

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 15,860 sqft

Price per Sqft $440

MLS Listing ID MB24164906

Construction Status Turnkey

HOA Y/N No

Year Built 2022

Lot Size 0.367 Acres

Property Description

THIS IS THE ONE: NEWLY BUILT (2022) -NO RENT CONTROL, fully stabilized 10-UNITS located at 2725-2801 S La Brea Ave! Situated on a combined 15,999 square foot parcel with sufficient parking and common shared exterior space, this property offers the best amenities for all co-living arrangements. The combined 15,860 living SQ FT makes this a sound investment to purchase a new construction property under $450 per square foot and/or $699K per unit. This unique property is located just minutes away from the rapidly changing Jefferson Boulevard strip within the desirable West Adams neighborhood, this sought-after location offers convenient access to fresh new eateries, employment centers and retail. Amazon Studios, Apple, Warner Media and Sony all occupy space in neighboring Culver City This influx has caused many tech and media companies to relocate into West Adams which in turn is experiencing tremendous growth fueled by significant development activity and a growing roster of retail & office tenants. This location is less than 2 miles away from Cumulus, which has over 100,000 square feet of retail anchored by Whole Foods. The surrounding area continues to experience gentrification, making West Adams a compelling value-proposition for tenants who are getting priced out of neighboring submarkets. West Adams is poised for employment and rent growth, making 2725 S. La Brea Ave an attractive opportunity for a long-term sustainable investment-make this your 1031 exchange-call today! Please do not disturb the residents!

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD2

Rooms

Ensuite Laundry Laundry Room

Interior

Laundry Location Laundry Room

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Inclusions All existing appliances.

Fireplace No

Laundry Laundry Room

Exterior

Garage Assigned, Controlled Entrance, Direct Access, Driveway, Garage

Garage Spaces 12.0

Garage Description 12.0

Fence Privacy, Security

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks

View Y/N Yes

View City Lights, Neighborhood

Roof Type Flat

Parking Type Assigned, Controlled Entrance, Direct Access, Driveway, Garage

Total Parking Spaces 22

Private Pool No

Building

Story 3

Entry Level Three Or More

Foundation Slab

Sewer Public Sewer

Water Private

Architectural Style Contemporary

Level or Stories Three Or More

New Construction Yes

Construction Status Turnkey

Others

Senior Community No

Tax ID 5049012034

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by XIO SANDOVAL • CENTURY 21 REALTY MASTERS • 323-253-5456

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Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

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