Los Angeles, CA 90066,4059 Mclaughlin Avenue
Los Angeles, CA 90066,4059 Mclaughlin Avenue
Los Angeles, CA 90066,4059 Mclaughlin Avenue
Los Angeles, CA 90066,4059 Mclaughlin Avenue
Los Angeles, CA 90066,4059 Mclaughlin Avenue
Los Angeles, CA 90066,4059 Mclaughlin Avenue
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$4,300,000

$4,300,000

Est.Price: ?

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Est. payment /mo

6 Beds

7 Baths

7,678 Sqft Lot


SOLD DATE : 08/30/2023

Key Details

Sold Price $4,300,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23054533

Sold Date 08/30/23

Bedrooms 6

HOA Y/N No

Lot Size 7,678 Sqft

Property Description

Two units to be delivered vcnt! Not LA City Rent Control - falls under AB1482. Built in 1984, 4059 McLaughlin Ave is trophy asset with oversized units! This is the perfect opportunity for any investor looking for a prime apartment building in one of the most sought-after neighborhoods on the Westside of Los Angeles. This 8,350 SF building boasts a spacious unit mix of (1) 2Bed+2.5Bath Townhouse, (4) 2Bed+2Bath and (4) 1Bed+1Bath units. Once the two vacancies are rented for market, the property will operate at a 4.41% CAP and 14.98 GRM. All units feature large open floorplans, on site laundry as well as private patios/decks. There are plenty of garage parking spaces, as well as parking. The subject property is located in an A+ location, just minutes from Downtown Culver City and Playa Vista, making it any renters ideal location to live. Many large tech companies have made home in local neighborhoods including Apple, HBO, Google, Sony, and Facebook.
Two units to be delivered vcnt! Not LA City Rent Control - falls under AB1482. Built in 1984, 4059 McLaughlin Ave is trophy asset with oversized units! This is the perfect opportunity for any investor looking for a prime apartment building in one of the most sought-after neighborhoods on the Westside of Los Angeles. This 8,350 SF building boasts a spacious unit mix of (1) 2Bed+2.5Bath Townhouse, (4) 2Bed+2Bath and (4) 1Bed+1Bath units. Once the two vacancies are rented for market, the property will operate at a 4.41% CAP and 14.98 GRM. All units feature large open floorplans, on site laundry as well as private patios/decks. There are plenty of garage parking spaces, as well as parking. The subject property is located in an A+ location, just minutes from Downtown Culver City and Playa Vista, making it any renters ideal location to live. Many large tech companies have made home in local neighborhoods including Apple, HBO, Google, Sony, and Facebook.

Location

State CA

County Los Angeles

Area Los Angeles (90066)

Zoning Assessor

Building

Lot Description Curbs

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, Exchange

Space Rent $3,600

Listing Terms Cash, Conventional, Exchange

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
Bought with PAUL LIM • BEST CENTURY REALTY
agent-avatar

+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States

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