Thank you
Jonathan Taksa
Remax Commercial and Investment Realty
213-817-1000
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.
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Total Bedrooms : 36
Total Baths: 19
Full Baths: 0
Half Baths: 0
Property Appliances: Gas Cooktop,Disposal,Gas Oven,Refrigerator
Flooring: Wood
Forced Air,Natural Gas
Has Heating
Year Built: 1956
Building Area Total: 17,849
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.509
Lot Size Source: Assessor
Lot Size Square Feet: 22174
Original List Price: 7,300,000
Listing Contract Date: 2024-04-01
Listing Agreement: Seller Reserved
Parcel Number: 4316032006
Garage Description: Assigned,Covered
Lease Term: Negotiable
Source Listing Status: Pending
Source Neighborhood: C08 - Cheviot Hills/Rancho Park
Postal Code Plus 4: 4867
Directions: Great West LA location near Cheviot Hills
Zoning: LAR3
Source Property Type: Residential Income
Area: C08 - Cheviot Hills/Rancho Park
Property Age: 68
Year Built Source: Assessor
Total Square Feet Living: 17849
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
2671 Anchor Avenue, Los Angeles, CA,90064 | $2,750,000 | 3 | 3 | 1,668 | 14935 Sqft |
2852 Sawtelle Boulevard.., Los Angeles, CA,90064 | $663,000 | 2 | 1 | 890 | 33607 Sqft |
3021 Earlmar Drive, Los Angeles, CA,90064 | $7,999,000 | 6 | 4 | 7,233 | 8749 Sqft |
2265 Wellesley Avenue, Los Angeles, CA,90064 | $3,300,000 | 5 | 5 | 3,677 | 6254 Sqft |
11755 National Boulevard, Los Angeles, CA,90064 | $8,995,000 | 36 | -- | 23,148 | 19618 Sqft |
2568 Military Avenue, Los Angeles, CA,90064 | $1,215,000 | 3 | 2 | 1,758 | 7430 Sqft |
11735 Tennessee Avenue, Los Angeles, CA,90064 | $1,450,000 | 2 | 1 | 1,064 | 5437 Sqft |
2230 S Bentley Avenue #.., Los Angeles, CA,90064 | $1,389,000 | 3 | 3 | 1,963 | 18166 Sqft |
2620 S Barrington Avenue, Los Angeles, CA,90064 | $2,474,000 | 8 | -- | 3,606 | 6604 Sqft |
2307 Federal Avenue, Los Angeles, CA,90064 | $9,900,000 | 3 | 3 | 9,038 | 8548 Sqft |
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ByOwner last updated this listing 05/20/2024 @ 21:48
MLS: 24374973
LISTED BY: Jonathan Taksa, Remax Commercial and Investment Realty
SOURCE: CRMLS
Buyer Agency Compensation: 1.75%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.