Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1961
Sq.Footage
7,380
Keller Williams Realty and Everyday Real Estate Inc. are pleased to offer this exceptional investment opportunity. 3743 Mclaughlin Ave is a 12-unit, 7380 square foot multifamily property zoned LAR3 and located near the border of Mar Vista and Culver City. Built in 1961, this classic building offers a favorable unit mix of four 0+1, four 1+1, three 2+1, one 2+1.5. Five of the units are fully furnished and operating on month-to-month leases and can be delivered vacant (one 0+1, two 1+1, two 2+1). ADU plans, which satisfy the retrofit requirement, and permits are included (owner spent $76.8K). These two new units (1+1 in the front, and 2+1 in the back) are projected to increase revenue by $56K per year and will satisfy the retrofit requirement. Permits have been filed but no work has commenced. Property is master metered for water, has 13 parking spaces and laundry room onsite with leased washer and dryer.
Features & Amenities
Interior
-
Other Interior Features
Ceiling Fan(s)
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Wall/Window Unit(s)
Exterior
-
Garage
No
-
Parking
Carport
-
Patio and Porch Features
None
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Size(acres)
0.2076
-
Property Type
Residential Income
Price
-
Sales Price
$3,600,000
-
Sq. Footage
7, 380
-
Price/SqFt
$487
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Foundation Details
Slab
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Ivy Gherscovici , Everyday Real Estate, Inc.
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