16 64th Avenue

    Playa Del Rey, CA 90293
    • $2,850,000
    • STATUS: Active
    • ON SITE: 45 days
    • ID#: SB20030856
    UPDATED: 79 min ago
    $2,850,000
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,700
      SQFT
    • $1,056
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1953
    County:

    School Ratings & Info

    Description

    VIRTUAL TOUR: https://www.hshprodmls3.com/1664thavenue | This beautifully maintained Three-Level Triplex overlooking Speedway and Ballona Creek offers panoramic ocean views, mountain views, and Del Rey Lagoon views! This is a fantastic opportunity as a pure investment property, a home with additional income, or future development site! The second and third level units are updated. The third level has 3 bedrooms, 2 baths and includes a private rooftop deck with ocean views; perfect for entertaining and enjoying the beautiful sunsets. The middle level has the same floor plan as the third level. This has been an incredibly easy and profitable rental unit for the current owner. The first level is a Studio and it needs some effort to make it habitable, but the effort is worth the upside in income. There is a 5 car attached garage, with 2 extra spaces outside of the building! Quite simply, this is an irresistible investment opportunity in the heart of Silicon Beach, minutes away from rising tech companies in Playa Vista, Marina Del Rey, Venice, and surrounding areas.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-31T08:24:53.67. 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/103265067

    16 64th Avenue Playa Del Rey, CA 90293

    • Price: $2,850,000
    • Status: Active
    • Updated: 79 min ago
    • ID#: SB20030856
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    2,700
    SQFT
    $1,056
    $/SQFT
    1953
    Built
    Neighborhood:
    C31 - Playa Del Rey
    County:
    Los Angeles
    Area:
    C31 - Playa Del Rey
    Property Description
    VIRTUAL TOUR: https://www.hshprodmls3.com/1664thavenue | This beautifully maintained Three-Level Triplex overlooking Speedway and Ballona Creek offers panoramic ocean views, mountain views, and Del Rey Lagoon views! This is a fantastic opportunity as a pure investment property, a home with additional income, or future development site! The second and third level units are updated. The third level has 3 bedrooms, 2 baths and includes a private rooftop deck with ocean views; perfect for entertaining and enjoying the beautiful sunsets. The middle level has the same floor plan as the third level. This has been an incredibly easy and profitable rental unit for the current owner. The first level is a Studio and it needs some effort to make it habitable, but the effort is worth the upside in income. There is a 5 car attached garage, with 2 extra spaces outside of the building! Quite simply, this is an irresistible investment opportunity in the heart of Silicon Beach, minutes away from rising tech companies in Playa Vista, Marina Del Rey, Venice, and surrounding areas.
    Exterior Features

    Garage Spaces 5.00 Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Total 7.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area 240 Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 1250 Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Heating Central Heating YN Yes Laundry Features Dryer IncludedWasher Included Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalks Country Us Electric Expense 2460.00 Elevation Units Feet Fuel Expense 1680.00 Gross Income 177000.00 Gross Scheduled Income 177000.00 Insurance Expense 2850.00 Land Lease YN No Laundry YN Yes Net Operating Income 133730.00 New Construction YN No New Taxes Expense 34200.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 1 Operating Expense 43270.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 7250.00 Total Expenses 43270.00 Trash Expense 600.00 Water Sewer Expense 1480.00 Water Source Public Year Built Source Public Records Zoning Lar3

    Listing provided courtesy of Greg Geilman of Re/Max Estate Properties and Levi Ellsworth of Re/Max Estate Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-31T08:24:53.67. 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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