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Property Description

Classic mid-century 9-unit apartment building with strong rents and collection history. The building consists of seven -1bedroom 1bath & two -2bedroom 2bath apartments. Soft story retrofit work has been completed. Building offers laundry facilities and 9 parking spaces. Located in the Westside neighborhood of Mar Vista and situated within close proximity to the Silicon Beach tech hub, this area offers access to a vast pool of innovative companies and traditional employers as well as education institutions and government facilities. This creates strong demand for apartments to rent in the area on top of the already acute demand based on the existing housing supply imbalance. This location enjoys convenient access to Marina Del Rey, Playa Del Rey, Venice Beach and Santa Monica. It is close to other Westside communities like Westwood and UCLA, Culver City, Beverly Hills, and the general South Bay area of Los Angeles County. This is a legitimate target for investor capital seeking strong income as the pressure on occupancy expands based on the strong employment base in the area. Please contact the listing agent for more information. PLEASE do not disturb tenants or walk on the property.

Features
: Wall Furnace
2
: Individual Room
0
: Mid Century Modern
Additional Information
James F. Gilb
0
CLW-X07258
CLW-X83180
James
4235005002
: Standard
One
32

Multi-Family For Sale

12610 Caswell Avenue, Los Angeles, California 90066

6,193 Sqft
$2,495,000
Listing ID #24405999
Basic Details
Status : Active under contract
DaysOnMarket : 16
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24405999
Price : $2,495,000
Living Area : 6,193 Sqft
Lot Size : 7,116 Sqft
Year Built : 1964
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90066
Price Per Square Foot : $403
ModificationTimestamp : 2024-07-10 20:24:10
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