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2470 Purdue Avenue, Los Angeles, CA 90064

Commercial property

2470 Purdue Avenue, Los Angeles, CA 90064 Sold February 2025 CRMLS
$1,950,000Sold February 2025

Listing Agent: Julia Lombardi Spurlin (DRE #02110868) · Listing Office: Pinnacle Estate Properties, Inc. · Contact: 661-753-7013 · Bought with: Oron Maher · Maher Commercial Realty · MLS #SR24146023 · Source: CRMLS

5,999
Building Sq Ft
8
Units
4.06%
Cap Rate
7,502 sqft
Lot Size
1963
Year Built
Commercial property
Type

About this commercial property

Prime investment opportunity in an excellent West Los Angeles neighborhood. Close to the 405 freeway, shopping, restaurants and only minutes to downtown or Santa Monica beaches. 4 of the 8 units are vacant and ready for new market rate tenancies. The building has been retrofitted according to the owner. Some of the units have been remodeled and show well. This rare and seasoned investment affords the new owner with great upside potential. Competitively priced, this is a very attractive investment opportunity.

Listing description from the February 2025 sale, as reported to CRMLS.

Sale history

$1,950,000
Sold February 2025 · listed $2,495,000, orig. $2,925,000, on market July 2024 · MLS #SR24146023 · Source: CRMLS
Listing Agent: Julia Lombardi Spurlin · Listing Office: Pinnacle Estate Properties, Inc. · Contact: 661-753-7013 · Bought with: Oron Maher · Maher Commercial Realty
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