$1,877,250
$1,949,000
3.7%For more information regarding the value of a property, please contact us for a free consultation.
7,122 Sqft Lot
SOLD DATE : 12/07/2020
Key Details
Sold Price $1,877,250
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-105
MLS Listing ID 320002626
Sold Date 12/07/20
HOA Y/N No
Year Built 1929
Lot Size 7,122 Sqft
Property Description
Located in highly coveted Picfair neighborhood, at the edge of Miracle Mile of Los Angeles, just minutes to Culver City, The Grove, Beverly Hills, Santa Monica, and Downtown LA. The Spanish Style building boasts 4 very large 2 bedroom 1 bath units, with great architectural character, all units have laundry, gas fireplace, hardwood floors, tile kitchens, the two upper units have central AC and Heat and 3 out of the four have dishwashers. The building was painted in 2018, and has updated Electrical, the sewer was lined recently, there is no deferred maintenance. This building delivers currently a solid 4.7 Cap and is priced at a reasonable 15.3 GRM. This is a great investment now and in the future.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Interior Features Dumbwaiter
Heating Combination, Central, Fireplace(s)
Flooring Tile, Wood
Fireplaces Type Free Standing, Gas, Living Room
Fireplace Yes
Appliance Dishwasher, Range
Exterior
Parking Features Covered
View Y/N No
Private Pool No
Building
Entry Level Two
Architectural Style Spanish
Level or Stories Two
New Construction No
Others
Tax ID 5068017023
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Kelley Christine • Californian Estates
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "