12415 Texas Avenue, Los Angeles, CA 90025
Property
Sold April 2023
Listing Agent: Errol Spiro (DRE #00893163) · Listing Office: Miller & Desatnik Realty Co. · Contact: 310-202-9166 · Bought with: Jonathan Taksa · Remax Commercial and Investment Realty · MLS #22223573 · Source: CRMLS
About this property
Rare opportunity to purchase a multi-family asset which would enable a savvy investor to acquire a large scale multi-family rental footprint in West Los Angeles. 12415 Texas Ave., is a 10 unit multi-family property in a prime West LA location. The subject property has an excellent unit mix of (2) studio, (4) 1 BR, and (4) 2 BR units. This trophy asset was originally constructed in 1964 and is approximately 6,776 SqFt of property on 7,499 SqFt lot. There is substantial rental upside, creating a quintessential "value-add" investment opportunity. This generational asset in an undeniable attractive location that will surely pay long term dividends to a savvy investor. The property still requires seismic work for its parking structure. The property is directly next door to 12425 Texas Ave, (19 units)which is also for sale and the property can be purchased with three other West LA properties located at 1338 Carmelina (8 units), 1352 Carmelina Ave. (26 units) & 11600 Rochester Ave.
Listing description from the April 2023 sale, as reported to CRMLS.
Sale history