1301 S Saltair Avenue

    Los Angeles (City), CA 90025
    • $2,075,000
    • STATUS: Active Under Contract
    • ON SITE: 51 days
    • ID#: SR19206690
    Under Contract
    UPDATED: 19 min ago
    $2,075,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,672
      SQFT
    • $565
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    1301 S. Saltair Ave. is a value-add fourplex located on a corner lot in prime West Los Angeles, CA. The property is a garden-style apartment complex built in 1961. The asset is comprised of 1 (1+1), 2 (2+1), and 1 large (3+2). Building amenities include garaged parking (1 two-car garage & 1 one-car garage), patio & BBQ area, and laundry room. Units are spacious, offering air conditioning, plenty of cabinet space, the large 3-bedroom unit has a fireplace and two units have undergone remodel with new countertops, flooring, and paint. Located south of Wilshire Blvd. and east of Bundy Dr., the property is centrally located near the 405-freeyway and 10-freeway in a well-sought-after community near Brentwood, Santa Monica and the beach. Boasting a +G+walk score+G- of 88, the location is ranked as very walkable, tenants have easy access to a thriving community filled with endless opportunities for nearby education, employment, entertainment, recreation & dining. Low vacancy rates in West Los Angeles coupled with continued low interest rates have led to multifamily investment properties becoming a highly attractive assets class.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T14:35:59.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/98462462

    1301 S Saltair Avenue Los Angeles (City), CA 90025

    • Price: $2,075,000
    • Status: Active Under Contract
    • Updated: 19 min ago
    • ID#: SR19206690
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    3,672
    SQFT
    $565
    $/SQFT
    1961
    Built
    Neighborhood:
    WLA - West Los Angeles
    County:
    Los Angeles
    Area:
    WLA - West Los Angeles
    Property Description
    1301 S. Saltair Ave. is a value-add fourplex located on a corner lot in prime West Los Angeles, CA. The property is a garden-style apartment complex built in 1961. The asset is comprised of 1 (1+1), 2 (2+1), and 1 large (3+2). Building amenities include garaged parking (1 two-car garage & 1 one-car garage), patio & BBQ area, and laundry room. Units are spacious, offering air conditioning, plenty of cabinet space, the large 3-bedroom unit has a fireplace and two units have undergone remodel with new countertops, flooring, and paint. Located south of Wilshire Blvd. and east of Bundy Dr., the property is centrally located near the 405-freeyway and 10-freeway in a well-sought-after community near Brentwood, Santa Monica and the beach. Boasting a +G+walk score+G- of 88, the location is ranked as very walkable, tenants have easy access to a thriving community filled with endless opportunities for nearby education, employment, entertainment, recreation & dining. Low vacancy rates in West Los Angeles coupled with continued low interest rates have led to multifamily investment properties becoming a highly attractive assets class.
    Exterior Features

    Garage Spaces 2.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 2.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Common Area

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Suburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Scheduled Income 0.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 0.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Operating Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Lar3

    Listing provided courtesy of Raymond Rodriguez of Keller Williams Realty Calabasas


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-20T14:35:59.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Allison James Estates and Homes. Licensed in the State of California, USA.
     
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