$1,599,000
Off Market

4232 Mclaughlin Avenue #36

Los Angeles, CA 90066
0.14 acres | #SB25030122
Listing OfficeMatthew Hoffman Real Estate
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Price Improvement! Excellent Culver City Triplex in prime location near everything in West Los Angeles. Remodeled Front Two Bedroom Unit will be Vacant at COE. Sale includes (Almost) Approved Plans to Convert Garage to legal ADU (4th Unit) and enlarge the smaller 1 bedroom unit - into a two bedroom unit. Good sized units with vaulted ceilings, kitchens and family room all with first level entry. Close to 405 Freeway, Santa Monica, Abbott Kinney, Venice Boardwalk, Culver City Studios, the Beach and the rest of West Los Angeles. Current configuration includes Three Units: Two Large - Two Bedroom, one bathroom units; One - One Bedroom unit - Executed Plans will result in Four Units: Three- Large Two Bedroom, one bathroom units; One Large Studio (Converted Garage) - resulting in a major increase in the future Revenue and CAP rate. Plenty of parking on-site for each tenant and guests as well as ample street parking. Owner Occupy the two-bedroom unit while collecting rent from the two occupied units, all while you build out the ADU and update the rest of the property. Units occupied with long term tenants. All Units Currently Occupied - One Unit can be delivered Vacant. Surrounding properties have seen major updates as the neighborhood continues to modernize. Drive by Only. Please do not disturb tenants or walk on premises. Buyer to do all their own due diligence and investigations. Broker is not responsible for any data inaccuracies.

Location

Jocelyn BackesReal Estate Group
OR

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