$2,200,000
$2,450,000
10.2%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
2,751 SqFt
SOLD DATE : 02/22/2022
Key Details
Sold Price $2,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,751 sqft
Price per Sqft $799
Subdivision Not Applicable - 1007242
MLS Listing ID 222000677
Sold Date 02/22/22
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1949
Lot Size 8,315 Sqft
Property Description
Amazing investment and/or development opportunity in Mar Vista. Two separate APNs being sold together with a total square footage of approx. 16,631 sq.ft. per Assessor and comprised of eight mid-century, California bungalow-style units situated on a tree-lined street with private entrances, individually metered for gas, electric with individual water heaters. An attractive mix of one and two bedroom residences with mid-century finishes, bordering a gated courtyard entrance and includes three two-car garages (currently used as storage) and seven single-car designated parking spaces.Ideally located near the corner of National Blvd and Barrington Ave boasting some of the highest walk, bike, and transit scores in the neighborhood. This property provides convenient access to all amenities for daily needs including high-end markets, retail, cafes and restaurants.High demand LARD 1.5 zoning. Property is sold AS-IS. Currently 50% occupied with four units to be delivered vacant at the close of escrow. Access to the property only with an accepted offer. Please do not disturb tenants.This property is an overall quality asset, in an excellent location with a high-demand residential market. A rare find for a savvy investor or developer to add to their real estate portfolio.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning LARD1.5
Interior
Flooring Carpet, Wood
Fireplace No
Appliance Water Heater
Exterior
Garage Spaces 6.0
Garage Description 6.0
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Lot Description Paved
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4250013017
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Standard
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Bought with Dittany Zhang-Seltzer • Berkshire Hathaway HomeServices California Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States