Property · 2 recorded sales since 2019
Listing Agent: Josh Cohen (DRE #01346713) · Listing Office: Keller Williams Beach Cities · Contact: 310-939-9300 · Bought with: Josh Cohen · Keller Williams Beach Cities · MLS #SB21096418 · Source: CRMLS
We are pleased to present our latest listing, 2619-2631 Brighton Avenue. This 36 unit property is the perfect investment opportunity for today’s astute multifamily investor. This investment features three contiguous properties with upside potential of 45% +/-! Roughly one quarter of the units have been turned by current ownership, leaving ample room for a value-add opportunity for the next owner. All soft-story retrofit requirements have already been taken care of by the owner, and the buildings have all been freshly painted! The property is situated on a large 27,496 square foot lot (combined), and is comprised of an attractive unit mix of about half One bedroom units and half Two bedroom units. Units are all individually metered for gas and electricity, and the property also features onsite laundry and ample parking for tenant convenience. The grounds provide a quiet, pleasant courtyard for tenant's enjoyment. The area is immersed with terrific amenities, shops, dining, and more - all within walking distance! The University of Southern California, Culver City and downtown are all in very close proximity to this investment offering, which allows the next owner to tap into several strong tenant and employment bases.
Listing description from the July 2021 sale, as reported to CRMLS.