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Gregory Masi

gregory@gregorymasi.com +1(310) 488-4880

$ 2,355,000

Est. payment | -/mo

7 Beds

5 Baths

4,412 SqFt

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$ 2,355,000

Est. payment | -/mo

Save

7 Beds

5 Baths

4,412 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,412 sqft

Price per Sqft $533

MLS Listing ID 26671893

Bedrooms 7

HOA Y/N No

Year Built 1938

Lot Size 7,431 Sqft

Property Description

A tremendous opportunity to own a unique and rare four-plex compound on a combined 7,340 sqft. flat lot in West Los Angeles located only moments from Sepulveda Expo line metro station running from Santa Monica to DTLA, multiple bus lines including ones to UCLA campus, nearby access to the 405 freeway, and numerous restaurants, shops and markets. The properties span two lots, both lots are zoned R3, so you can enjoy the historically strong rental income and/or look toward future development. The complex is comprised of three separate free-standing buildings, each of which has its own distinctive design and character. The front building is a two-story structure with upper and lower 2 bed, 1 bath apartments. Each unit has warm hard wood floors and a flex space, perfect for an office or dining room, and with no shared walls. The second building is another two-story structure but designed as single apartment at the rear of the lot. This light and bright unit, with laminate wood flooring throughout, has an open floor plan downstairs with a large living/dining area with fireplace, remodeled bath and cook's kitchen. Both bedrooms and second remodeled bath are up, with a small den/ office that can also be used as a third bedroom. The third building is designed as an industrial loft and spans almost 2000 sqft. This unit features a double door entry from the street opening to an expansive room with polished concrete floors, soaring 13-foot ceilings, cook's kitchen, powder room and an upstairs sleeping area with wood flooring, spacious closet and remodeled private bath. All the units have some off-street parking and their own private washers and dryers. This complex offers the savvy investor strong monthly income, good asset appreciation, and the opportunity for future development. Please do not disturb tenants. Showings with accepted offer only.

Location

State CA

County Los Angeles

Area Wla - West Los Angeles

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Fireplace No

Appliance Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Driveway

Pool None

Roof Type Composition,Shingle

Total Parking Spaces 5

Private Pool No

Building

Story 2

Entry Level One,Two,Multi/Split

Architectural Style Traditional

Level or Stories One, Two, Multi/Split

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 4251001003

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by James Bremner Compass #01186014

Nearby Locations

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Gregory Masi

REALTOR® | Lic# 1708321

gregory@gregorymasi.com

+1(310) 488-4880

7567 Clinton St, Los Angeles, CA, 90036, USA

2749 S Sepulveda BLVD Los Angeles, CA 90064

Gregory Masi

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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2749 S Sepulveda BLVD