1818 Camden Avenue

Los Angeles , CA 90025

MLS#: 24408601

$9,995,000

Status: Closed
Listing number: 24408601
Listing provided by: Remax Commercial and Investment Realty
Listing agent phone: None
Last update: 1 year, 3 months ago
On site: 1 year, 4 months ago
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Property

Beds

35

Full Baths

None

1/2 Baths

None

Year Built

1987

Sq.Footage

19,166

We are pleased to present an incredibly unique investment opportunity in LA's vibrant Westside. 1818 Camden Avenue consists of 16 striking units ideally located near Westwood and Century City. Having been built in 1987, it is NOT subject to the City of Los Angeles' Rent Stabilization Ordinance (AB 1482 applies). The property consists of one building with three floors of residential units over one level of gated subterranean parking (exempt from seismic soft story retrofit). The ideal unit mix consists of three extra spacious 3-bedroom, 2-bathroom units and thirteen very large 2-bedroom, 2-bathroom units. Interiors have been finished with beautiful pergo flooring, modern cabinetry, and upgraded kitchens and bathrooms with granite and/or quartz countertops. The building offers its residents a lushly landscaped facade, an intercom entry system, balconies, an on-site laundry room on each floor (machines owned by the Seller), and ample gated parking (32 spaces for 16 units). Each unit has a fireplace, central HV/AC, large bedrooms, walk-in closets, minimum 9 foot ceilings throughout, and dynamite floor plans flooded with natural light. Several upper floor penthouse units have high vaulted ceilings. This property is perfectly nestled between Century City and Westwood, along a serene treelined street setting. In close proximity to some of the best high-end dining and nightlife, this rare offering presents an astute investor with the unique opportunity to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.

Features & Amenities

Interior

  • Total Bedrooms

    35

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Assigned

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.3042

  • Property Type

    Residential Income

Price

  • Sales Price

    $9,995,000

  • Sq. Footage

    19, 166

  • Price/SqFt

    $521

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

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Listing Courtesy of Jonathan Taksa , Remax Commercial and Investment Realty

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We are pleased to present an incredibly unique investment opportunity in LA's vibrant Westside. 1818 Camden Avenue consists of 16 striking units ideally located near Westwood and Century City. Having been built in 1987, it is NOT subject to the City of Los Angeles' Rent Stabilization Ordinance (AB 1482 applies). The property consists of one building with three floors of residential units over one level of gated subterranean parking (exempt from seismic soft story retrofit). The ideal unit mix consists of three extra spacious 3-bedroom, 2-bathroom units and thirteen very large 2-bedroom, 2-bathroom units. Interiors have been finished with beautiful pergo flooring, modern cabinetry, and upgraded kitchens and bathrooms with granite and/or quartz countertops. The building offers its residents a lushly landscaped facade, an intercom entry system, balconies, an on-site laundry room on each floor (machines owned by the Seller), and ample gated parking (32 spaces for 16 units). Each unit has a fireplace, central HV/AC, large bedrooms, walk-in closets, minimum 9 foot ceilings throughout, and dynamite floor plans flooded with natural light. Several upper floor penthouse units have high vaulted ceilings. This property is perfectly nestled between Century City and Westwood, along a serene treelined street setting. In close proximity to some of the best high-end dining and nightlife, this rare offering presents an astute investor with the unique opportunity to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.

1818 Camden Avenue

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