Homes for sale - 1248 1242 Mcclellan DR, Los Angeles, CA 90025

Sam Mu

Founder & Principal | Broker | License ID: 01921557

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$ 8,524,375

$ 8,795,000 3.1%

Est. payment | -/mo

25 Beds

25 Baths

13,861 SqFt

$ 8,524,375

$ 8,795,000 3.1%

Est. payment | -/mo

25 Beds

25 Baths

13,861 SqFt

Key Details

Sold Price $8,524,375

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 13,861 sqft

Price per Sqft $614

MLS Listing ID 24408753

Sold Date 07/30/24

Bedrooms 25

HOA Y/N No

Year Built 1987

Lot Size 9,134 Sqft

Property Description

We are pleased to present an incredibly unique investment opportunity in LA's vibrant Westside. 1242 McClellan Drive (legal address 1248 McClellan Drive) consists of 17 striking units ideally located just a block away from the famed enclave of Brentwood. Having been built in 1987, it is NOT subject to the City of Los Angeles' Rent Stabilization Ordinance (AB 1482 applies). The property consists of one building with three floors of residential units over one level of gated subterranean parking (exempt from seismic soft story retrofit). The ideal unit mix consists of eight 2-bedroom, 2-bathroom units and nine 1-bedroom,1-bathroom units. Interiors have been finished with beautiful pergo or carpet flooring, modern cabinetry, and upgraded kitchens and bathrooms with quartz or granite countertops. The building offers its residents a lushly landscaped facade, an intercom entry system, balconies, an on-site laundry room (machines owned by the Seller), and ample gated parking (32 total spaces). Unit features include a fireplace (most units), central HV/AC, large bedrooms, walk-in closets, and dynamite floor plans flooded with natural light. Select upper units have high vaulted ceilings. This property is only a block from the prestigious community of Brentwood, just one block south of Wilshire Boulevard. In close proximity to some of the best high-end dining, retail, and nightlife, this rare offering presents an astute investor with the unique opportunity to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.

Location

State CA

County Los Angeles

Area Wla - West Los Angeles

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Flooring Wood

Fireplaces Type Living Room

Fireplace Yes

Appliance Dishwasher, Microwave

Laundry Common Area

Exterior

Parking Features Assigned, Underground

Total Parking Spaces 32

Building

Story 3

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4267036039

Special Listing Condition Standard

Listed by Jonathan Taksa • Remax Commercial and Investment Realty
Bought with Jonathan Taksa • Remax Commercial and Investment Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 258-2228

sammuteam@gmail.com

880 Roosevelt Suite 250, Irvine, California, 92620, United States

1248 1242 Mcclellan DR Los Angeles, CA 90025

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Key Details

Location

Interior

Exterior

Building

Others

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1248 1242 Mcclellan DR