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    1760 S Bentley Ave

    Los Angeles, CA 90025
    • $3,290,000
    • STATUS: Active
    • ON SITE: 58 days
    • ID#: 20-640884
    UPDATED: 30 min ago
    $3,290,000
    • 11
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,825
      SQFT
    • $565
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    We are proud to present these 5 units located at 1760 S Bentley Avenue in Los Angeles, California. Built in 1964, the property sits on 6,499 square feet of land with 5,825 square feet of rentable area and consists of (1) 1-Bed/1-Bath, (1) 2-Bed/1.5-Bath, (1) 2-Bed/2-Bath, and (2) 3-Bed/2-Bath Units. This 5-unit apartment building will be delivered with 4 units vacant, which allows a savvy investor the opportunity to hedge their bet against the upcoming increased rent control proposition by achieving market rents on nearly all units immediately. Huge Potential for ADUs. We had an architect put together an ADU feasibility study and you can potentially add 3 ADUs in this building by doing the following: First, convert the existing 2nd Story back unit (Unit #3) from a 3-Bedroom unit to two separate units containing a 2-bedroom unit and a 1-bedroom unit. The 2-bedroom unit would be approximately 830 sq. ft. and the 1-bedroom unit would be approximately 592 sq.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-29T08:44:08. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/110603576
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    1760 S Bentley Ave Los Angeles, CA 90025

    • Price: $3,290,000
    • Status: Active
    • Updated: 30 min ago
    • ID#: 20-640884
    11
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    5,825
    SQFT
    $565
    $/SQFT
    1964
    Built
    Neighborhood:
    Westwood - Century City
    County:
    Los Angeles
    Area:
    Westwood - Century City
    Property Description
    We are proud to present these 5 units located at 1760 S Bentley Avenue in Los Angeles, California. Built in 1964, the property sits on 6,499 square feet of land with 5,825 square feet of rentable area and consists of (1) 1-Bed/1-Bath, (1) 2-Bed/1.5-Bath, (1) 2-Bed/2-Bath, and (2) 3-Bed/2-Bath Units. This 5-unit apartment building will be delivered with 4 units vacant, which allows a savvy investor the opportunity to hedge their bet against the upcoming increased rent control proposition by achieving market rents on nearly all units immediately. Huge Potential for ADUs. We had an architect put together an ADU feasibility study and you can potentially add 3 ADUs in this building by doing the following: First, convert the existing 2nd Story back unit (Unit #3) from a 3-Bedroom unit to two separate units containing a 2-bedroom unit and a 1-bedroom unit. The 2-bedroom unit would be approximately 830 sq. ft. and the 1-bedroom unit would be approximately 592 sq.
    Exterior Features

    Covered Parking 5 Lot Size Area 6500 Other Structures Other Parking Garage Carport Total Parking 5

    Interior Features

    Baths Total 8.50 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 1989961 Gross Income 207732 Gross Operating Income 201500 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 143541.00 Number Of Buildings 1 Number Of Units 5 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 57959 Type Of Units Standard Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Filip Niculete DRE#01905352 of Marcus & Millichap.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-29T08:44:08. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211