2716 S La Brea Avenue, Los Angeles, CA 90016
2716 S La Brea Avenue, Los Angeles, CA 90016
2716 S La Brea Avenue, Los Angeles, CA 90016
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$2,525,000
Est. payment /mo
6,908 SqFt
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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,908 sqft

Price per Sqft $365

MLS Listing ID CL26660369

HOA Y/N No

Year Built 1964

Lot Size 10,487 Sqft

Acres 0.2407

Property Sub-Type Other

Property Description

PRICED REDUCED! *Beautifully renovated apartment community - 8 units *86 Walk Score "Very Walkable" Location: Walk to CENTO Pasta Bar, Chulita, and Baldwin Hills Public Library *Value-Add: Approximately $200/unit/month in proven rental upside; 6.1% Cap Rate; 6.6% Market Cap Rate *Prime Baldwin Hills Neighborhood provides easy access to Downtown Culver City and Downtown Los Angeles; Minutes to trendy neighborhood restaurants *Less than one-half mile to the Metro Expo "E" Line Expo/La Brea Station *Strong Demographics: Average household income over $144.8K and average housing value over $1.57 million (three-mile radius) *See Agent Remarks for website

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Other

Cooling Central Air

Fireplace No

Building

New Construction No

Others

Tax ID 5049011008


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Bridge MLS
Listed by Adrienne Barr • Berkadia

NEARBY SCHOOL & BUSINESS

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Parisa Samimi

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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2716 S La Brea Avenue