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    3651 Mclaughlin Ave

    Los Angeles, CA 90066
    • $4,000,000
    • STATUS: Active
    • ON SITE: 13 days
    • ID#: 20-628908
    UPDATED: 64 min ago
    $4,000,000
    • 15
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,414
      SQFT
    • $540
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    Fantastic opportunity to acquire this updated and very well maintained ten unit building, located in an excellent Mar Vista location. Totaling 7,414 SF on a 7,388 SF lot, each unit has remodeled kitchens & bathrooms with tiled and bamboo flooring. As well as remodeled interiors, the plumbing and electrical is all newer. There is a great mix of units, consisting of five (1 bed / 1 bath) and five (2 bed / 1.5 bath). Further features include parking for 14 cars and new laundry facilities. This well-run building is fully occupied at market rents, its an overall quality asset in an excellent location, with a high-demand rental market.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-22T09:42:22.337. 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/109816041
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    3651 Mclaughlin Ave Los Angeles, CA 90066

    • Price: $4,000,000
    • Status: Active
    • Updated: 64 min ago
    • ID#: 20-628908
    15
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    7,414
    SQFT
    $540
    $/SQFT
    1961
    Built
    Neighborhood:
    Palms - Mar Vista
    County:
    Los Angeles
    Area:
    Palms - Mar Vista
    Property Description
    Fantastic opportunity to acquire this updated and very well maintained ten unit building, located in an excellent Mar Vista location. Totaling 7,414 SF on a 7,388 SF lot, each unit has remodeled kitchens & bathrooms with tiled and bamboo flooring. As well as remodeled interiors, the plumbing and electrical is all newer. There is a great mix of units, consisting of five (1 bed / 1 bath) and five (2 bed / 1.5 bath). Further features include parking for 14 cars and new laundry facilities. This well-run building is fully occupied at market rents, its an overall quality asset in an excellent location, with a high-demand rental market.
    Exterior Features

    Covered Parking 9 Direction Faces East Entry Location Main Level Exterior Construction CombinationFrameHard Coat Levels Two Lot Description Landscaped Lot Location None Lot Size Area 7388 Other Structures None Parking Garage CarportBuilt-In Storage Patio Features Balcony Paved YN Yes Pool Description None Pool YN No Spa None Spa YN No Style A-Frame Total Parking 14 View Description Tree Top View YN Yes Water Frontage None

    Interior Features

    Bathroom Features Shower And Tub Baths Total 15.00 Bedroom Features Main Floor Bedroom Common Walls Detached/No Common Walls Cooking Appliances MicrowaveOvenRangeBuilt-Ins Cooling Window Unit(S) Den No Dining Room No Equipment Ceiling FanRefrigeratorRange/OvenFreezerMicrowaveDishwasherBuilt-Ins Family Room No Fireplace Rooms BathKitchenLiving RoomPatioMaster Bedroom Flooring TileBambooMixed Foundation Details Combination Heating Wall Interior Features Built-InsOpen Floor Plan Kitchen Features Granite CountersOpen To Family RoomRemodeled Laundry CommunityLaundry AreaInsideIn Carport Laundry Equipment Own Rooms PowderEntryLiving RoomDining Area Water Heater Features Central Water Heater Windows Screens

    Property Features

    Alley YN Yes Amenities None Assessed Total Value 2756798 Disability Access None Gross Income 235140 Gross Operating Income 235140 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Net Operating Income 165587.00 Number Of Buildings 1 Number Of Units 10 Owner Pays WaterGardener Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(S)Smoke DetectorGated Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricityOther Total Annual Expense 69553 Type Of Units 10 Water In Street Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Michael Irvine DRE#01839544 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-22T09:42:22.337. 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