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    1906 Selby Ave

    Los Angeles, CA 90025
    • $3,100,000
    • STATUS: Active
    • ON SITE: 104 days
    • ID#: 20-646036
    UPDATED: 26 min ago
    $3,100,000
    • 9
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,262
      SQFT
    • $589
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    7-unit garden style apartment community located in a premier location within West Los Angeles and just 1 mile from Century City - offered for sale for the first time in nearly 50 years. - The current income, although strong and stable, is below the areas market metrics. Market rents can be achieved as the units turn naturally over time - The property is in the heart of West Los Angeles and within minutes of major employment opportunities in Century City, Santa Monica and Beverly Hills. There are currently 2 vacant units (#2 and #3).

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-26T15:42:47.117. 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/110958626
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    1906 Selby Ave Los Angeles, CA 90025

    • Price: $3,100,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 20-646036
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    5,262
    SQFT
    $589
    $/SQFT
    1959
    Built
    Neighborhood:
    Westwood - Century City
    County:
    Los Angeles
    Area:
    Westwood - Century City
    Property Description
    7-unit garden style apartment community located in a premier location within West Los Angeles and just 1 mile from Century City - offered for sale for the first time in nearly 50 years. - The current income, although strong and stable, is below the areas market metrics. Market rents can be achieved as the units turn naturally over time - The property is in the heart of West Los Angeles and within minutes of major employment opportunities in Century City, Santa Monica and Beverly Hills. There are currently 2 vacant units (#2 and #3).
    Exterior Features

    Lot Size Area 6775 Other Structures Other Parking Garage Community Garage Style Mid-Century Total Parking 8

    Interior Features

    Baths Total 10.00 Cooling Wall Unit(S)Air ConditioningCentral Equipment Other Flooring MixedHardwood Heating WallCentral Laundry Laundry AreaOutside

    Property Features

    Assessed Total Value 215635 Gross Income 185798 Gross Operating Income 177998 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 109090.00 Number Of Buildings 1 Number Of Units 7 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 66428 Type Of Units Income Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Rich Johns DRE#01432215 of Kw Commercial Studio City.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-01-26T15:42:47.117. 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
    2999 Overland Ave., Suite 116
    Los Angeles CA, 90064