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3355 Manning Avenue, Los Angeles, CA 90064

Property

3355 Manning Avenue, Los Angeles, CA 90064 Sold June 2024 CRMLS
$6,681,000Sold June 2024

Listing Agent: Jonathan Taksa (DRE #01366169) · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: OUT OF AREA · OUT OF AREA · MLS #24374973 · Source: CRMLS

36
Bedrooms
19
Bathrooms
17,849
Sq Ft
22,174 sqft
Lot Size
1956
Year Built
Property
Type
1
Stories
ForcedAir, NaturalGas
Heating

About this property

We are pleased to present a prestigious opportunity to acquire a true pride of ownership property in one of the best rental locations in prime West Los Angeles. 3355 Manning Avenue, known as Cheviot Lanai, has been lovingly cared for, operated and managed by the same family since it was built by them in 1956. The beautiful open courtyard property boasts an ideal unit mix consisting of all large 1, 2, and 3-bedroom units. Each of the units is extremely spacious, has a terrific floor plan, and offers an abundance of natural light. The property is an ideal mid-century gem situated on nearly a half acre of land zoned R3. Units feature hardwood floors (select units), spacious kitchens/bedrooms/bathrooms, large balconies, and an in-unit washer and dryer (select units). The units that do not have a washer and dryer have laundry hookups for them (except the 1-bedroom unit). Other property features include a well landscaped courtyard with a large sparkling pool, copper plumbing, intercom entrance, a pitched roof, and ample on-site parking. All soft story retrofit work has been completed by ownership. Close to some of the Westside's best dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best pockets of the Westside.

Listing description from the June 2024 sale, as reported to CRMLS.

Sale history

$6,681,000
Sold June 2024 · listed $7,300,000, on market April 2024 · MLS #24374973 · Source: CRMLS
Listing Agent: Jonathan Taksa · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: OUT OF AREA · OUT OF AREA
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