3744 Delmas TER Pending Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90034
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 7,624 sqft
Price per Sqft $353
MLS Listing ID 25492575
Bedrooms 13
Year Built 1984
Lot Size 7,318 Sqft
Property Description
** OFFERS DUE MONDAY, FEBRUARY 10 @ 10:00am ** NO LA CITY RENT CONTROL. Other LA, State, County rental housing rules/regs may apply. Buyer to undertake all due diligence in that regard; Broker/Agents make no representations concerning same. Located on a cul-de-sac in Palms, this 9-unit, non-rent control multifamily property offers tenants the best of both worlds: a residential setting on a quiet street offering the conveniences of Downtown Culver City and other nearby retail centers. Key landmarks, including Culver City Hall, Sony Pictures Studios, Apple, Amazon and other top employment centers are within close proximity. Built on an approximately 7,317 square foot lot, the property consists of (4) two bedroom/two bathroom units, (1) one bedroom/one bathroom unit, and (4) studios, totaling over 7,600 square feet of living space. Depending on the unit, amenities include dens, lofts and balconies. The building also features off-street parking with space for up to 9 cars, and on-site laundry. Potential ADU conversion of garage space(s) to be researched if desired; no guarantee or representations made re same. Moments to the freeways and multiple Metro E Line stations, such as Palms and Culver City stations, providing easy light rail access to Santa Monica, Downtown Los Angeles and all points in between. Generating $214,896 a year, this property is not just a great investment -- priced at an almost 5% cap, it is a golden opportunity for your portfolio with strong upside in rents.
Location
State CA
County Los Angeles
Area C09 - Beverlywood Vicinity
Zoning LAR3
Interior
Heating Wall Furnace
Fireplaces Type Living Room
Laundry Common Area
Exterior
Parking Features Attached Carport,Assigned
Pool None
View Y/N Yes
View City Lights
Roof Type Composition,Shingle
Building
Lot Description Front Yard
Story 2
Foundation Raised
Sewer Other
New Construction No
Schools
School District Los Angeles Unified
Others
Special Listing Condition Standard