Property
Listing Agent: Ron Wynn (DRE #00420587) · Listing Office: Compass · Contact: 310-395-7090 · Bought with: Sarah Edelman · KW Advisors · MLS #22210420 · Source: CRMLS
Pride of ownership is the best way to describe this wonderful updated 3 unit building in prime Palms, minutes to restaurants, theaters and bars in Culver City. Also close to Trader Joe's, Overland Cafe and Cuban Market. Unit #1 is exceptionally large with 3 bedrooms and 2 nice baths. All three units have great closet space! This is perfect for an owner-user. Everything upgraded with granite, wood flooring and appliances. There is upside in all three rents and laundry brings in around $11,000 annually. Owned by the same family since the early '70's and lovingly maintained. This is a great 1031 exchange opportunity with so much more rental income and potential than a single family home.
Listing description from the February 2023 sale, as reported to CRMLS.