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3109 S Canfield Ave

Los Angeles, CA 90034
  • $3,950,000
  • STATUS: Active Under Contract
  • ON SITE: 74 Days
  • ID#: 22-145377
Under Contract
UPDATED: 82 min ago
$3,950,000
  • 14
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,157
    SQFT
  • $552
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Description

We are proud to present a fabulous 8 Unit apartment building located in a prime Palms location. Built in 1964, this 7,157 square foot impeccably renovated building is situated on a large 7,999 sq ft. lot. The property boasts an excellent mix of units consisting of Three 1 Bedroom + 1 Bath Units, Four 2 bedroom + 2 Bath Units, and One 3 Bedroom + 2 Bath Unit. Seven of the Eight Units have been fully remodeled and are equipped with new flooring, recessed lighting, crown molding, brand new stainless steel appliances (dishwasher, stove, refrigerator, and microwave), plentiful cabinet space, wall AC units in the living room and bedrooms, in-unit washer and dryer, and large bedrooms with mirror closets. The building has been partially re-plumbed with copper plumbing, a new roof was installed in 2019, and the Owners have also recently completed all earthquake retrofit work at the building. The property is near the intersection of S. Canfield Ave. & National Blvd.- just a short distance to Downtown Culver City. The building is less than 1 mile from the immensely popular new IVY station and Platform Developments where tenants can enjoy easy access to downtown Culver City shopping and restaurants.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-25T11:43:07.62. 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/127601580
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3109 S Canfield Ave Los Angeles, CA 90034

  • Price: $3,950,000
  • Status: Active Under Contract
  • On Site: 74 Days
  • Updated: 82 min ago
  • ID#: 22-145377
14
Beds
0
Baths
0
½ Baths
0.18
Acres
7,157
SQFT
$552
$/SQFT
1964
Built
Neighborhood:
Beverlywood Vicinity
County:
Los Angeles
Area:
Beverlywood Vicinity
Property Description
We are proud to present a fabulous 8 Unit apartment building located in a prime Palms location. Built in 1964, this 7,157 square foot impeccably renovated building is situated on a large 7,999 sq ft. lot. The property boasts an excellent mix of units consisting of Three 1 Bedroom + 1 Bath Units, Four 2 bedroom + 2 Bath Units, and One 3 Bedroom + 2 Bath Unit. Seven of the Eight Units have been fully remodeled and are equipped with new flooring, recessed lighting, crown molding, brand new stainless steel appliances (dishwasher, stove, refrigerator, and microwave), plentiful cabinet space, wall AC units in the living room and bedrooms, in-unit washer and dryer, and large bedrooms with mirror closets. The building has been partially re-plumbed with copper plumbing, a new roof was installed in 2019, and the Owners have also recently completed all earthquake retrofit work at the building. The property is near the intersection of S. Canfield Ave. & National Blvd.- just a short distance to Downtown Culver City. The building is less than 1 mile from the immensely popular new IVY station and Platform Developments where tenants can enjoy easy access to downtown Culver City shopping and restaurants.
Exterior Features

Lot Size Area 7999 Other Structures None Parking Garage Gated Total Parking 8

Interior Features

Baths Total 13.00 Cooling Wall Unit(S) Equipment Range/OvenDryerMicrowaveRefrigeratorWasher Heating Wall

Property Features

Assessed Total Value 2384072 Gross Income 254128 Gross Operating Income 246504 Like Units1 3 Like Units2 4 Like Units3 1 Net Operating Income 160852.00 Number Of Buildings 1 Number Of Units 8 Rent Control YN Yes Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 85653 Type Of Units 8 Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Gary Fox DRE#00847295 of Miller & Desatnik Realty Co..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-06-25T11:43:07.62. 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