$1,490,000
Closed

11825 CULVER Boulevard

Los Angeles, CA 90066
Listing OfficeRE/MAX ESTATE PROPERTIES
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Three stylish units comprising of (2) 2 bedroom / 1 bath and (1) studio + mezzanine located on "Little Culver Blvd" adjacent to the Culver bike/walk path. Units have been renovated with blends of contemporary and modern finishes with private outdoor areas. The back studio + Mez is new construction, furnished and non-rent control. Each unit has it's own tankless water heater, laundry and parking. Finishes include quartz counters, soft closing cabinets, dishwashers, recessed lighting, wood flooring and rain showers. The two back units can be delivered vacant; the front unit has a 12-month lease at $3000/month ending November 2017. Total proforma ~ $8400. GRM 14.9, Cap rate ~ 5% .Bike to the beach, it's close to developments, Playa Vista, Silicon beach and easy access to the freeway. A very unique property in a high demand area! Please do not walk on property. Contact Listing Agent #1

Location

Paul FisherReal Estate Agent
OR