$1,450,000 Price Analysis   ♡   Los Angeles, CA 90066 6 bed 4 bath 2,585 SqFt ($560/SqFt) 5,593SqFt lot. Built 1954 Listed 2024-04-25, Taxes $4,358 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
This exceptional triplex investment opportunity is situated on a corner lot right in a prime Mar Vista location with substantial potential for growth.
This well-maintaind property features three units: A 2Bd/1Bth unit on the top floor, complete with its own private patio. A open 3Bd/ 1.5Bth unit with an extensive backyard. A 1Bd/1Bth unit with its own private patio. Building amenities, including private one-car garages and an outdoor extra parking space for each unit. Additionally, individual gas and electric meters ensure efficient utility management. Highlights include vaulted ceilings and oversized windows to allow sunlight, along with a large shared yard for relaxation, outdoor activities and BBQ.
Options may be available to improve the property, build an ADU or re-develop the site zoned R3, with a significant density boost. Nestled in the desirable Mar Vista neighborhood bordering Culver City residents enjoy proximity to renowned dining establishments on Washington Blvd, artisanal coffee shops and recreational amenities such as Venice beach and Farmers Market on Grandview. Convenient access to Silicon Beach, Marina del Rey, LAX, Culver City, Santa Monica, Century City and further enhances the appeal of this property with its central location.
Presented by Michael Flanagan at
Keller Williams Larchmont.
Property MLS #24-384134 from TheMLSCLAW
Full Bathrooms: 4
Heating Features: Wall
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5593
Garage Description: Driveway, Garage Is Detached, Garage - 3 Car, Tandem
Parking Total: 6
Calculated Total Monthly Association Fees: 0
Number of Units: 3
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2100, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 3050, 3 BedsTotal: 3, 3 BathsTotal: 2, 3 SquareFeet: 3900
Tenant Pays: Gas, Electric
Source Listing Status: Active
County: Los Angeles
Cap Rate: 5.45
Directions: From Washington Blvd go north on Inglewood Blvd. Turn west on Sylvester St. Corner Lot property on the LHS.
Source Property Type: Residential Income
Area: Palms - Mar Vista
Source Neighborhood: Palms - Mar Vista
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Owner Pays: Water
Parcel Number: 4232-004-043
Postal Code Plus 4: 5208
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $172,764 + $157,163 $329,927 | $4,358 |
| 2021 | $169,377 + $154,082 $323,459 | $4,292 |
| 2020 | $167,641 + $152,503 $320,144 | $4,329 |
| 2019 | $164,354 + $149,513 $313,867 | $4,173 |
| 2018 | $161,132 + $146,582 $307,714 | $4,094 |
| 2017 | $157,973 + $143,708 $301,681 | $4,013 |
| 2016 | $154,876 + $140,891 $295,767 | $3,900 |
| 2015 | $152,550 + $138,775 $291,325 | $3,848 |
| 2014 | $149,562 + $136,057 $285,619 | $3,881 |
| 2013 | $148,887 + $135,443 $284,330 | $3,875 |
| 2012 | $145,968 + $132,788 $278,756 | $3,925 |
| 2010 | $143,106 + $130,185 $273,291 | $3,861 |
| 2009 | $142,375 + $129,520 $271,895 | $3,722 |
| 2009 | $142,037 + $129,213 $271,250 | $3,722 |
| 2008 | $139,584 + $126,981 $266,565 | $3,575 |
| 2007 | $136,848 + $124,492 $261,340 | $3,457 |
$1,450,000
TheMLSCLAW
Listing removed 2024-05-11
$0
TheMLSCLAW
Listed 2024-04-25
$1,450,000
TheMLSCLAW
Listing removed 2023-10-30
$0
TheMLSCLAW
Listed 2023-05-26
$1,659,000
TheMLSCLAW
Listing removed 2023-05-02
$0
TheMLSCLAW
Listed 2022-11-28
$1,559,000
TheMLSCLAW
Listing removed 2022-11-12
$0
CRMLS
Listed 2022-08-11
$1,649,990
CRMLS
Listing removed 2021-09-23
$2,250
MLSListings
Listing removed 2021-05-04
$0
TheMLSCLAW
Price Changed 2021-03-06
$1,700,000
TheMLSCLAW
Listing removed 2021-01-22
$0
TheMLSCLAW
Listed 2021-01-21
$1,595,000
TheMLSCLAW
Price Changed 2020-11-30
$1,595,000
TheMLSCLAW
Listed 2020-10-30
$1,750,000
TheMLSCLAW
Sold 1983-07-11
$165,000
Public Record
Year Built: 1954
Direction Faces: North
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 70
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.