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    3661 Mclaughlin Avenue

    Los Angeles (City), CA 90066
    • $3,500,000
    • STATUS: Active
    • ON SITE: 66 days
    • ID#: SR21029391
    UPDATED: 96 min ago
    $3,500,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,440
      SQFT
    • $470
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1961
    County:

    School Ratings & Info

    Description

    This bldg is on the market for the first time in over 35+ years. 3661 McLaughlin Ave, a 10-Unit apartment building is in one of the most desirable area of Mar Vista. It's just minutes away from the famous Venice and Santa Monica Beach. The units consist of a great mix: Five 1 bed/1 bath; Five 2 bed/1.5 bath. Currently there are two vacant units. Some features of the building includes: A laundry area, two car garage and covered parking. Located in the West side of Los Angeles, there is convenient access to the 405 & 10 Freeways. With a little love and care, this building has great potential to generate a significant income for savvy investors. Please call us for marketing package and rent troll. INVESTORS DREAM WITH HUGE POTENTIAL OPPORTUNITY TO MAXIMIZE INCOME AND BUILD AN ADU!! Please do not disturb tenants or walk on the property.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T21:42:52.41. 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 Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/114188089
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    3661 Mclaughlin Avenue Los Angeles (City), CA 90066

    • Price: $3,500,000
    • Status: Active
    • Updated: 96 min ago
    • ID#: SR21029391
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    7,440
    SQFT
    $470
    $/SQFT
    1961
    Built
    Neighborhood:
    C13 - Palms - Mar Vista
    County:
    Los Angeles
    Area:
    C13 - Palms - Mar Vista
    Property Description
    This bldg is on the market for the first time in over 35+ years. 3661 McLaughlin Ave, a 10-Unit apartment building is in one of the most desirable area of Mar Vista. It's just minutes away from the famous Venice and Santa Monica Beach. The units consist of a great mix: Five 1 bed/1 bath; Five 2 bed/1.5 bath. Currently there are two vacant units. Some features of the building includes: A laundry area, two car garage and covered parking. Located in the West side of Los Angeles, there is convenient access to the 405 & 10 Freeways. With a little love and care, this building has great potential to generate a significant income for savvy investors. Please call us for marketing package and rent troll. INVESTORS DREAM WITH HUGE POTENTIAL OPPORTUNITY TO MAXIMIZE INCOME AND BUILD AN ADU!! Please do not disturb tenants or walk on the property.
    Exterior Features

    Carport Spaces 10 Carport YN Yes Construction Materials Copper Plumbing Fencing None Foundation Details Slab Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 11 Parking Features Assigned Parking Total 10 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Flat Spa Features None Spa YN No View City Lights View YN Yes

    Interior Features

    Appliances Gas OvenGas Range Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetLaminate Heating Wall Furnace Heating YN Yes Interior Features BalconyTile CountersBedroom On Main Level

    Property Features

    Additional Parcels YN No Common Interest Community Apartment Community Features ParkStreet LightsSuburban Contingency None Current Financing Conventional Disclosures Rent Control Electric Electricity - On Property Electric Expense 117 Fuel Expense 2415 Garage YN No Gross Income 134904 Gross Scheduled Income 129936 Insurance Expense 3741 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan1031 Exchange Maintenance Expense 2210 Net Operating Income 58792 New Construction YN No New Taxes Expense 43750 Number Of Separate Gas Meters 11 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 71144 Pest Control Expense 702 Possession Close Of Escrow Property Condition Repairs Cosmetic Property Sub Type Apartment Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN Yes Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Tenant Pays All UtilitiesCable TvElectricity Total Actual Rent 9028 Trash Expense 3073 Utilities Cable AvailableCable ConnectedElectricity AvailableNatural Gas AvailableNatural Gas ConnectedPhone AvailableSewer ConnectedWater AvailableWater Connected Water Sewer Expense 8377 Water Source Public Zoning Lar3

    Listing provided courtesy of Angela Parekh of Pinnacle Estate Properties and Linda Matta of Pinnacle Estate Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T21:42:52.41. 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 Team Forss Realty Group. Licensed in the State of California, USA.
     
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    Temecula CA, 92592