3355 Manning Avenue
Los Angeles , CA 90064
MLS#: 24374973
$7,300,000
Property
Beds
36
Full Baths
None
1/2 Baths
None
Year Built
1956
Sq.Footage
17,849
We are pleased to present a prestigious opportunity to acquire a true pride of ownership property in one of the best rental locations in prime West Los Angeles. 3355 Manning Avenue, known as Cheviot Lanai, has been lovingly cared for, operated and managed by the same family since it was built by them in 1956. The beautiful open courtyard property boasts an ideal unit mix consisting of all large 1, 2, and 3-bedroom units. Each of the units is extremely spacious, has a terrific floor plan, and offers an abundance of natural light. The property is an ideal mid-century gem situated on nearly a half acre of land zoned R3. Units feature hardwood floors (select units), spacious kitchens/bedrooms/bathrooms, large balconies, and an in-unit washer and dryer (select units). The units that do not have a washer and dryer have laundry hookups for them (except the 1-bedroom unit). Other property features include a well landscaped courtyard with a large sparkling pool, copper plumbing, intercom entrance, a pitched roof, and ample on-site parking. All soft story retrofit work has been completed by ownership. Close to some of the Westside's best dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best pockets of the Westside.
Features & Amenities
Interior
-
Total Bedrooms
36
-
Bathrooms
N/A
-
Heating YN
YES
-
Heating
Forced Air, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Assigned, Covered
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.509
-
Property Type
Residential Income
Price
-
Sales Price
$7,300,000
-
Sq. Footage
17, 849
-
Price/SqFt
$408
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Jonathan Taksa , Remax Commercial and Investment Realty
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