$1,950,000
$2,099,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
4 Baths
5,949 Sqft Lot
SOLD DATE : 09/18/2023
Key Details
Sold Price $1,950,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23069064
Sold Date 09/18/23
Bedrooms 2
HOA Y/N No
Lot Size 5,949 Sqft
Property Description
3961 Moore St is a 7 unit apartment building located in the A+ rental market of Mar Vista. The property is currently operating at a 4.55% CAP and 14.11 GRM. This is the perfect opportunity for any investor looking for strong upside in one of the nicest neighborhoods on the Westside of Los Angeles. The property is comprised of (1) 2Bed+1Bath, (3) 1Bed+1Bath and (3) Studio+1Bath units - (1) 2Bed+1Bath and (1) Studio+1Bath are currently tenant-ready. There are 7 parking spots on site, with plenty of street parking. Beneficial to the new buyers, soft story retrofit work has been completed. The subject property is located just minutes from Downtown Culver City and Venice Beach, 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.
3961 Moore St is a 7 unit apartment building located in the A+ rental market of Mar Vista. The property is currently operating at a 4.55% CAP and 14.11 GRM. This is the perfect opportunity for any investor looking for strong upside in one of the nicest neighborhoods on the Westside of Los Angeles. The property is comprised of (1) 2Bed+1Bath, (3) 1Bed+1Bath and (3) Studio+1Bath units - (1) 2Bed+1Bath and (1) Studio+1Bath are currently tenant-ready. There are 7 parking spots on site, with plenty of street parking. Beneficial to the new buyers, soft story retrofit work has been completed. The subject property is located just minutes from Downtown Culver City and Venice Beach, 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
Interior
Appliance Radiant
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $1,895
Listing Terms Cash, Conventional, Exchange
Financing Conventional
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Bought with NON LISTED AGENT • San Diego