4
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$2,525,000
Est. payment /mo
6,908 SqFt
Active
2716 S La Brea Avenue Los Angeles, CA 90016
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,908 sqft
Price per Sqft $365
MLS Listing ID CL26660369
HOA Y/N No
Year Built 1964
Lot Size 10,487 Sqft
Acres 0.2407
Property Sub-Type Other
Property Description
PRICED REDUCED! *Beautifully renovated apartment community - 8 units *86 Walk Score "Very Walkable" Location: Walk to CENTO Pasta Bar, Chulita, and Baldwin Hills Public Library *Value-Add: Approximately $200/unit/month in proven rental upside; 6.1% Cap Rate; 6.6% Market Cap Rate *Prime Baldwin Hills Neighborhood provides easy access to Downtown Culver City and Downtown Los Angeles; Minutes to trendy neighborhood restaurants *Less than one-half mile to the Metro Expo "E" Line Expo/La Brea Station *Strong Demographics: Average household income over $144.8K and average housing value over $1.57 million (three-mile radius) *See Agent Remarks for website
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Cooling Central Air
Fireplace No
Building
New Construction No
Others
Tax ID 5049011008
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Listed by Adrienne Barr • Berkadia
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