Los Angeles, CA 90066,3743 Mclaughlin Avenue
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Los Angeles, CA 90066,3743 Mclaughlin Avenue
Los Angeles, CA 90066,3743 Mclaughlin Avenue
Los Angeles, CA 90066,3743 Mclaughlin Avenue
Los Angeles, CA 90066,3743 Mclaughlin Avenue
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3743 Mclaughlin Avenue Los Angeles, CA 90066

7,380 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,380 sqft

Price per Sqft $487

MLS Listing ID CL25570241

HOA Y/N No

Year Built 1961

Lot Size 9,045 Sqft

Acres 0.21

Property Sub-Type Other

Property Description

Keller Williams Realty and Everyday Real Estate Inc. are pleased to offer this exceptional investment opportunity. 3743 Mclaughlin Ave is a 12-unit, 7380 square foot multifamily property zoned LAR3 and located near the border of Mar Vista and Culver City. Built in 1961, this classic building offers a favorable unit mix of four 0+1, four 1+1, three 2+1, one 2+1.5. Five of the units are fully furnished and operating on month-to-month leases and can be delivered vacant (one 0+1, two 1+1, two 2+1). ADU plans, which satisfy the retrofit requirement, and permits are included (owner spent $76.8K). These two new units (1+1 in the front, and 2+1 in the back) are projected to increase revenue by $56K per year and will satisfy the retrofit requirement. Permits have been filed but no work has commenced. Property is master metered for water, has 13 parking spaces and laundry room onsite with leased washer and dryer.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area, Other

Building

New Construction No

Others

Tax ID 4234015003


Bridge MLS
Listed by Ivy Gherscovici • Everyday Real Estate, Inc.
Devin Ratoosh

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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3743 Mclaughlin Avenue