2716 S La Brea Avenue, Los Angeles, CA 90016
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2716 S La Brea Avenue, Los Angeles, CA 90016
2716 S La Brea Avenue, Los Angeles, CA 90016
2716 S La Brea Avenue, Los Angeles, CA 90016
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2716 S La Brea Avenue Los Angeles, CA 90016

6,908 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,908 sqft

Price per Sqft $405

MLS Listing ID CL26660369

HOA Y/N No

Year Built 1964

Lot Size 10,487 Sqft

Acres 0.24

Property Sub-Type Other

Property Description

*Beautifully renovated apartment community - 8 units *86 Walk Score "Very Walkable" Location: Walk to CENTO Pasta Bar, Chulita, and Baldwin Hills Public Library *Value-Add: Approximately $200/unit/month in proven rental upside; 5.5% Cap Rate; 5.9% Market Cap Rate *Prime Baldwin Hills Neighborhood provides easy access to Downtown Culver City and Downtown Los Angeles; Minutes to trendy neighborhood restaurants *Less than one-half mile to the Metro Expo "E" Line Expo/La Brea Station *Strong Demographics: Average household income over $144.8K and average housing value over $1.57 million (three-mile radius) *See Agent Remarks for website

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Other

Cooling Central Air

Fireplace No

Building

New Construction No

Others

Tax ID 5049011008


Bridge MLS
Listed by Adrienne Barr • Berkadia

NEARBY SCHOOLS & PROPERTIES

Devin Ratoosh

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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2716 S La Brea Avenue