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Fatima Malik

fatima.malik@evrealestate.com +1(310) 968-2085

$ 1,295,000

Est. payment -/mo

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Active

1690 West Blvd Los Angeles, CA 90019

8 Beds

4 Baths

3,696 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,696 sqft

Price per Sqft $350

MLS Listing ID 26997353

Bedrooms 8

Year Built 1964

Lot Size 4,936 Sqft

Acres 0.1133

Property Sub-Type Multi-Family

Property Description

We are pleased to present 1690 West Blvd, a 4-unit property adjacent to the historic Lafayette Square neighborhood of Mid-City Los Angeles, delivered with 2 VACANT UNITS! At market rents, the building is projected to operate at a 8.3% CAP rate and 10.79 GRM. The property offers a desirable unit mix of four spacious 2-bedroom, 1-bathroom units of approximately 924 sq ft each, totaling 3,964 rentable square feet on a 5000 sq ft lot. On site laundry room. Upgrades include new hvac, new main electrical panel, and new sub electrical panels. With three units delivered vacant, this is a rare opportunity for an owner-user to live in one unit and rent out the others, or for an investor to capture immediate upside by leasing at market rents. Located in the heart of Mid-City, the property has excellent connectivity to Culver City, the Helms Bakery District, Cumulus, Miracle Mile, The Grove, West Hollywood, Beverly Hills, Century City, the Westside, and Downtown Los Angeles, including the Arts District. Major nearby employers such as Apple, Amazon MGM Studios, Sony Pictures, and HBO support strong, durable rental demand. Residents also have convenient access to grocery stores, gyms, coffee shops, restaurants, retail, and entertainment. Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Heat Pump

Cooling Air Conditioning

Equipment Dishwasher, Range/Oven, Refrigerator

Laundry Community, Room

Exterior

Parking Features Assigned, Driveway - Concrete

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Estate Properties

NEARBY SCHOOLS & PROPERTIES

Fatima Malik

Broker Associate License ID: 01950831

+1(310) 968-2085

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