Property
Listing Agent: David Messiah (DRE #02117893) · Listing Office: Shield CRE, Inc. · Contact: 310-593-9869 · Bought with: Subscriber Non · Non-Participant Office · MLS #23259615 · Source: CRMLS
One Unit Delivered Vacant - Desirable Owner-User Opportunity | Offered at $297,500 Per Unit | Unit Mix of (Two) 2-Bed/1-Bath Units and (Two) 1- Bed/1- Bath Units | Tremendous Value-Add Potential Approximately 65% in Rental Upside | 7.01% Pro-Forma Cap Rate & 10.66 Pro-Forma GRM | Zoned LAR3 With TOC Tier 3 Density Bonus on Large 7,004-SF Lot | Full Copper Plumbing & Total of 4 Garage Spaces | 1-Bedroom Unit Contains Remodeled Kitchen & New Cabinets |Close Proximity to Playa Del Rey, Playa Vista, LAX Airport, Silicon Beach & Inglewood | Approximately 2.5 Miles to Loyola Marymount University, Otis College of Art and Design & SoFi Stadium | Located Near Offices of YouTube, Facebook, Microsoft, IMAX Headquarters, Fox Sports & the Promenade at Howard Hughes Center
Listing description from the August 2023 sale, as reported to CRMLS.