Roseann Oesterreich, CRS, GRI
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Great Opportunity to own a Mar Vista mixed used property with fantastic parking from alley. Had been used as 2 storefronts and one small apartment upstairs. Apartment is occupied and can be viewed with accepted offer. Just blocks from 405 Freeway and minutes to Downtown Culver City & studios plus head West and it will be merging Washington Blvd with many commercial properties (from offices, cafes and coffee places to markets). The storefronts can be view by appointment with listing agent. The neighboring businesses are coffee shop, hair salon, accounting and preschool.
SEE DOCS FOR OM. Seize the opportunity to invest in this well-maintained, 5-unit apartment building located in a highly desirable area of Los Angeles. This property is ideally situated, offering a blend of urban convenience and residential charm. Some key features include: 1)Units: 5 well-maintained units, with one completely remodeled and currently vacant, ideal for immediate leasing. 2) Prime Location: Located near trendy coffee shops, unique markets, popular restaurants, and shopping centers. The nearby farmers market offers fresh, local goods, adding to the neighborhood's appeal. 3) Proximity to Culver City: Close to the tech hub of Culver City, home to digital media companies, marketing firms, and major studios, creating strong rental demand*Parks & Recreation: Easy access to nearby parks for outdoor activities and relaxation. 4) Exterior: Recently painted and well-maintained, giving the building a fresh, modern look. 5) Parking: Ample on-site parking for tenants, a rare find in this highly sought-after area. Investment Highlights: 1)Cash Flow: Currently generating strong rental income, with upside potential through rent increases and leasing the remodeled unit. 2) Appreciation: Located in an area poised for long-term appreciation, offering both immediate returns and future growth. 3) Upside Opportunity: With one remodeled unit vacant, investors can either occupy it or lease it for additional income. Perfect for investors seeking a property with a combination of stable cash flow and long-term growth. This is a rare find in a highly desirable neighborhood. Don't miss out on this incredible opportunity!
Tenant occupied, do not disturb tenants! Showings with accepted offer only. Listing agent #1 is related to seller.
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