Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1957
Sq.Footage
N/A
We are pleased to present our latest listing, 2619-2631 Brighton Avenue. This 36 unit property is the perfect investment opportunity for today’s astute multifamily investor. This investment features three contiguous properties with upside potential of 45% +/-! Roughly one quarter of the units have been turned by current ownership, leaving ample room for a value-add opportunity for the next owner. All soft-story retrofit requirements have already been taken care of by the owner, and the buildings have all been freshly painted! The property is situated on a large 27,496 square foot lot (combined), and is comprised of an attractive unit mix of about half One bedroom units and half Two bedroom units. Units are all individually metered for gas and electricity, and the property also features onsite laundry and ample parking for tenant convenience. The grounds provide a quiet, pleasant courtyard for tenant's enjoyment. The area is immersed with terrific amenities, shops, dining, and more - all within walking distance! The University of Southern California, Culver City and downtown are all in very close proximity to this investment offering, which allows the next owner to tap into several strong tenant and employment bases.
Features & Amenities
Interior
Area & Lot
-
Lot Features
Near Public Transit
-
Lot Size(acres)
0.6312
-
Property Type
Residential Income
Exterior
-
Garage
No
Financial
-
Sales Price
$8,100,000
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Josh Cohen , Keller Williams Beach Cities
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