Property · 2 recorded sales since 2013
Listing Agent: Tyler Leeson (DRE #01451551) · Listing Office: Marcus & Millichap RE Invest · Contact: 949-419-3200 · Bought with: Tyler Leeson · Marcus & Millichap RE Invest · MLS #OC23092003 · Source: CRMLS
2495 Corinth Avenue is an 8-unit multifamily investment opportunity located in West Los Angeles, CA. 2495 Corinth Avenue offers a desirable mix consisting exclusively of 2 bed / 2.5 bath townhome units. The property features an attractive amenities package including controlled access, hardwood flooring, granite countertops, stainless steel appliances, in-unit laundry, private balconies, and a gated parking garage. Additionally, each unit features a spacious rooftop patio, offering residents a unique outdoor living space. Los Angeles’ continued strong rental metrics, including a 2022 occupancy rate of 96.5 percent and year-over-year rent growth of 4.5 percent, provide a new owner with the opportunity to take advantage of the substantial demand for rental units in the area. With current rents below market rates, 2495 Corinth Avenue represents an attractive opportunity for a new owner. 2495 Corinth Avenue benefits from its attractive West Los Angeles location, situated moments from a plethora of retail, dining, and entertainment options in Sawtelle Japantown. The property is within a 0.50-mile radius of all three levels of education including Richland Avenue Elementary School, Daniel Webster Middle School, and Magnolia Science Academy. Additionally, 2495 Corinth Avenue benefits from its close proximity to the Interstate 10 and Interstate 405 interchange, connecting residents to employment hubs throughout Los Angeles County.
Listing description from the August 2023 sale, as reported to CRMLS.