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    3401 Club Dr

    Los Angeles, CA 90064
    • $3,695,000
    • STATUS: Active
    • ON SITE: 53 days
    • ID#: 20-592124
    UPDATED: 16 min ago
    $3,695,000
    • 18
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,830
      SQFT
    • $418
      $/SQFT
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    Well-maintained Cheviot Hills Prime 10-unit Apartment building consisting of a great mix: eight 2 bedroom/1 bath and two 1 bedroom/1 bath units. (NOW WITH 2 UNIT VACATING & PROJECTED UNIT # 6 & 9)1 block to the Expo Line station at National and Palms. Walk/bike to Downtown Culver City, Venice Boulevard and the future 600,000 sf Google campus at the former site of the Westside Pavilion. Soft Story retrofitted this year in 2019, + loads of upside and an ideal mix! Rents below market with large upside with one unit vacating & projected in income. On-site parking spaces including storage and two garages. Separate storage area for building management/maintenance. Units separately metered for gas and electric. Copper re-pipe in 2008. New roof installed in 2017. TOC Tier 3 development opportunity - TOC Tier 3 Density can build 19 units with minimal 10 parking requirement (documents available & attached to this listing).

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-10T19:42:59.277. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/106952235
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    3401 Club Dr Los Angeles, CA 90064

    • Price: $3,695,000
    • Status: Active
    • Updated: 16 min ago
    • ID#: 20-592124
    18
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    8,830
    SQFT
    $418
    $/SQFT
    1955
    Built
    Neighborhood:
    Cheviot Hills - Rancho Park
    County:
    Los Angeles
    Area:
    Cheviot Hills - Rancho Park
    Property Description
    Well-maintained Cheviot Hills Prime 10-unit Apartment building consisting of a great mix: eight 2 bedroom/1 bath and two 1 bedroom/1 bath units. (NOW WITH 2 UNIT VACATING & PROJECTED UNIT # 6 & 9)1 block to the Expo Line station at National and Palms. Walk/bike to Downtown Culver City, Venice Boulevard and the future 600,000 sf Google campus at the former site of the Westside Pavilion. Soft Story retrofitted this year in 2019, + loads of upside and an ideal mix! Rents below market with large upside with one unit vacating & projected in income. On-site parking spaces including storage and two garages. Separate storage area for building management/maintenance. Units separately metered for gas and electric. Copper re-pipe in 2008. New roof installed in 2017. TOC Tier 3 development opportunity - TOC Tier 3 Density can build 19 units with minimal 10 parking requirement (documents available & attached to this listing).
    Exterior Features

    Covered Parking 10 Direction Faces East Exterior Construction Stucco Lot Location None Lot Size Area 10811 Other Structures None Parking Garage DrivewayCarportCovered ParkingCarport Attached Paved YN Yes Pool Description None Pool YN No Roof Composition Spa None Spa YN No Style Contemporary Tennis Court None Tennis YN No Total Parking 10 Water Frontage None

    Interior Features

    Baths Total 10.00 Common Walls Attached Cooling None Equipment WasherDryerRefrigeratorRange/OvenDishwasherGarbage Disposal Fireplace Rooms None Flooring LaminateTile Foundation Details Slab Heating Wall Gas Kitchen Features Granite Counters Laundry CommunityInside Laundry Equipment Own Water Heater Features Gas Windows Screens

    Property Features

    Alley YN No Amenities None Gross Income 227460 Gross Operating Income 227460 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 154399.00 Number Of Buildings 1 Number Of Units 10 Owner Pays WaterGardener Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features None Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricityCable Tv Total Annual Expense 73062 TVServices Cable Tv Type Of Units Residential Water PublicMeter On Property Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Louis Perez DRE#01218758 of Tradewind Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-08-10T19:42:59.277. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355