Property · 2 recorded sales since 2013
Listing Agent: Diane Herlofsky (DRE #01925969) · Listing Office: Westside Properties · Contact: 310-839-6051 · Bought with: Thomas Hilal · Nourmand & Associates-BW · MLS #17205950 · Source: CRMLS
$75,000 Price Reduction!! Excellent, rare opportunity to own a single family home with a detached triplex in the highly desirable Mar Vista area! The property consists of a private 3 bedroom/2 bath house plus a detached, non-rent controlled triplex built in 1985. The triplex unit mix consists of one 2 bed/ 1 bath, one 1 bed/1 bath and one studio unit. Currently generating almost $100k in rental income a year with a 25% potential upside in rents. Each unit comes with its own parking space. Copper plumbing throughout and two of the units have been fully remodeled with new appliances and floors. The property is located on the west side of Mar Vista adjacent to the Venice and Santa Monica borders and nearby Mar Vista's best, new restaurants, shops, and art galleries. Snapchat is expanding nearby, leasing approximately 300,000 square feet at Santa Monica Business Park. This area continues to be in high demand for buyers and renters making this a great investment property!
Listing description from the June 2017 sale, as reported to CRMLS.