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    3523 S Sepulveda Blvd

    Los Angeles, CA 90034
    • $1,600,000
    • STATUS: Active
    • ON SITE: 44 days
    • ID#: 20-619676
    UPDATED: 66 min ago
    $1,600,000
    • 8
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,378
      SQFT
    • $365
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    School District:

    Description

    Performing Asset with HUGE upside! Just look at any other 4 to 6 unit apartment building in the area, this investment is value priced. A patient, caring manager will see big returns by holding this property for big dollar appreciation. Fantastic location in the up-and-coming Palms Neighborhood, walking distance to Starbucks, Coffee Bean & Tea Leaf, Trader Joe's and a variety of popular restaurants. Large units with 3 2-bedroom and 2 1-bedroom units means they are easy to rent. Tenant parking, onsite laundry and major public transportation stops are a huge plus. Being in the heart of West Los Angeles, this property is perfectly situated near Beaches, Santa Monica, Culver City, Beverly Hills, LAX, Silicon Beach and Downtown with a direct bus line connecting tenants to the Expo line = an amazing development option. Individual meters, low maintenance, easy for new investors. This is best value on the market!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-01T07:42:14.753. 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/109089416
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    3523 S Sepulveda Blvd Los Angeles, CA 90034

    • Price: $1,600,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: 20-619676
    8
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,378
    SQFT
    $365
    $/SQFT
    1953
    Built
    Neighborhood:
    Palms - Mar Vista
    County:
    Los Angeles
    Area:
    Palms - Mar Vista
    School District:
    Los Angeles Unified
    Property Description
    Performing Asset with HUGE upside! Just look at any other 4 to 6 unit apartment building in the area, this investment is value priced. A patient, caring manager will see big returns by holding this property for big dollar appreciation. Fantastic location in the up-and-coming Palms Neighborhood, walking distance to Starbucks, Coffee Bean & Tea Leaf, Trader Joe's and a variety of popular restaurants. Large units with 3 2-bedroom and 2 1-bedroom units means they are easy to rent. Tenant parking, onsite laundry and major public transportation stops are a huge plus. Being in the heart of West Los Angeles, this property is perfectly situated near Beaches, Santa Monica, Culver City, Beverly Hills, LAX, Silicon Beach and Downtown with a direct bus line connecting tenants to the Expo line = an amazing development option. Individual meters, low maintenance, easy for new investors. This is best value on the market!
    Exterior Features

    Carport Spaces Total 5 Covered Parking 5 Cross Streets Palms Blvd Lot Size Area 6002 Other Structures None Parking Garage Carport Paved YN Yes Total Parking 5

    Interior Features

    Baths Total 5.00 Cooling Other Equipment Other Heating Other Laundry Laundry Area

    Property Features

    Alley YN Yes Gross Income 85326 Gross Operating Income 81966 Like Units1 3 Like Units2 2 Net Operating Income 49015.00 Number Of Buildings 1 Number Of Units 5 Rent Control YN Yes Sale Type Standard Security Features Gated Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 32951 Type Of Units Apartments Water Heaters YN Yes Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Janina Brzechwa-White DRE#01975780 of Demers & Associates.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-10-01T07:42:14.753. 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
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    Valencia CA, 91355