$2,200,000
Los Angeles, CA 90064
MLS# 222000676
Status: Closed
4 beds | 4 baths | 2751 sqft
1 / 21
Property Description
Amazing investment and/or development opportunity in Mar Vista. Two separate APNs being sold together with a total square footage of approx. 16,631 sq.ft. per Assessor and comprised of eight mid-century, California bungalow-style units situated on a tree-lined street with private entrances, individually metered for gas, electric with individual water heaters. An attractive mix of one and two bedroom residences with mid-century finishes, bordering a gated courtyard entrance and includes three two-car garages (currently used as storage) and seven single-car designated parking spaces. Ideally located near the corner of National Blvd and Barrington Ave boasting some of the highest walk, bike, and transit scores in the neighborhood. This property provides convenient access to all amenities for daily needs including high-end markets, retail, cafes and restaurants. High demand LARD 1.5 zoning. Property is sold AS-IS. Currently 50% occupied with four units to be delivered vacant at the close of escrow. Access to the property only with an accepted offer. Please do not disturb tenants. This property is an overall quality asset, in an excellent location with a high-demand residential market. A rare find for a savvy investor or developer to add to their real estate portfolio.
Details
Maps
Status Change Info
Sold Price/SqFt: 799.71
Pending Date: 2022-02-18
Closed Date: 2022-02-22
Closed Price: 2200000
Listing, Location and Property Info
Entry Date: 2022-02-16
List Price/SqFt: 890.59
Zip + 4: 3828
General Property Information
Common Walls: Yes
# Bedrooms: 4
Baths - Full: 4
Baths - Total: 4
Approx SqFt: 2751
Lot Acres: 0.19
Lot SqFt: 8335
Year Built: 1949
Listing Info
Total # of Units in Complex: 8
Property Info
View: No
Alley: Yes
Paved: Yes
Pool: No
Spa: No
Fireplace: No
Senior Community: No
Water Heater: Yes
Dwelling Total Floors: 1
Land Lease Type
Other: 1
Special Conditions
Standard: 1
Terms
Cash: 1
Conventional: 1
Possession
Negotiable: 1
Subject to Tenants Rights: 1
Financing
Conventional: 1
Disclosures
City Inspection Required: 1
Property As Is: 1
Rent Control: 1
Units Information
Number of Units Leased: 4
Average SqFt 1 Bedroom: 650
Average SqFt 2 Bedroom: 780
# Separate Electric Meters: 4
# Separate Gas Meters: 4
# Separate Water Meters: 4
Levels
Ground Level: 1
One: 1
Sold Terms
Standard Sale: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Wood/Wood Like: 1
Water Heater Feature
Natural Gas: 1
Parking Spaces/Information
Total Garage Spaces: 6
HOA 1 Information
HOA: No
Listing Location and Property Info
Status: Closed
Entry Date: 2021-11-16
Listing Price: 2450000
Current Price: $2,200,000
Street #: 11538
Street Name: National
Suffix: Boulevard
County: Los Angeles
State/Province: CA
Zip Code: 90064
APN/Tax ID: 4250013018
Area: C13 - Palms - Mar Vista
Subdivision/Tract Code: Not Applicable
Country: US
Property Features
Land Lease Type: Other
Special Conditions: Standard
Terms: Cash; Conventional
Possession: Negotiable; Subject to Tenants Rights
Disclosures: City Inspection Required; Property As Is; Rent Control
Levels: Ground Level; One
Flooring: Carpet; Ceramic Tile; Wood/Wood Like
Water Heater Feature: Natural Gas
Financing: Conventional
Sold Terms: Standard Sale
Listing Office: Dilbeck Estates
Listing Agent: Stacy E Richardson |
Last Updated: September - 26 - 2023
Based on information from the CSMAR Multiple Listing as of [date the AOR/MLS data was obtained]. 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.