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$3,250,000
Est. payment /mo
7,527 SqFt
Pending
1236 Mcclellan Drive Los Angeles, CA 90025
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 7,527 sqft
Price per Sqft $431
MLS Listing ID CL25564991
HOA Y/N No
Year Built 1962
Lot Size 6,935 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
Well maintained 9-unit apartment building in a Prime West LA location on the border of Santa Monica and right next to Brentwood. Extremely strong rental demand area with ideal income producing unit mix including (5) 2-bedroom units, (3) 1-bedroom units, and (1) studio unit. Building has undergone seismic retrofitting. Recently passed insurance inspections and units have new subpanels. Most units have undergone light renovations including replacing flooring, modern hardware, and modern light fixtures. Rental upside can be achieved through more substantial renovations to the kitchens and bathrooms. Select units have private outdoor space (balconies/patios). Well parked property. On-site laundry with machines owned by landlord. Professionally managed and cared for property. (1) one bedroom unit to become vacant at end of July and has significant rental upside through renovations.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 4267036034

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Listed by Daniel Glaser • Glaser Property Management Inc.
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289