John Katnik
BRC Advisors- BH
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Month to Month tenancy allowing for owner-user! 2021 construction modern style duplex in located in the heart of Mar Vista in West LA! Part of a 4 building new construction duplex portfolio! Built by TJH, thie duplex features two 3 bedroom / 2.5 bathroom townhome units! All units are rented and provide strong and stable rental income and potential for one unit to be delivered on a month to month lease making this a great owner-user opportunity! Offered at a 5.27% cap rate, 14.67 GRM and at $770/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. Each unit includes a 2 car garage and 2 outdoor spaces as well as in-unit laundry. The property includes solar panels that are owned and fully paid off by the developer. Tenants pay all utilities! Mar Vista is a very popular destination for renters as its in close proximity to Brentwood, Santa Monica, Venice, Playa Vista and the South Bay!
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Total Bedrooms : 6
Total Baths: 5
Full Baths: 0
Half Baths: 0
Windows: Double Pane Windows
Property Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Fireplace: Electric
Central Air
Air Conditioning
Central
Has Heating
Fireplace Features: Electric
Has Fireplace: 1
Year Built: 2021
Building Area Total: 3,860
None
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.132
Lot Size Source: Assessor
Lot Size Square Feet: 5751
Original List Price: 2,975,000
Listing Contract Date: 2024-01-15
Listing Agreement: Seller Reserved
Parcel Number: 4245008025
Garage Description: Garage
Lease Term: Negotiable
Tenant Pays: Electricity,Gas,Trash Collection,Water
Source Listing Status: Active
Source Neighborhood: C13 - Palms - Mar Vista
Postal Code Plus 4: 3041
Directions: North of Venice Blvd, West of Centinela Ave
Zoning: LARD2
Source Property Type: Residential Income
Area: C13 - Palms - Mar Vista
Property Age: 3
Year Built Source: Builder
Total Square Feet Living: 3860
Levels or Stories: Two
Building Total Stories: 2
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
3875 Marcasel Avenue, Los Angeles, CA,90066 | $2,495,000 | 2 | 2 | 1,588 | 10853 Sqft |
12566 Indianapolis Street, Los Angeles, CA,90066 | $2,300,000 | 3 | 3 | 2,063 | 5700 Sqft |
12495 Greene Avenue, Los Angeles, CA,90066 | $1,790,000 | 6 | 4 | 3,204 | 4814 Sqft |
12495 Greene Avenue, Los Angeles, CA,90066 | $1,790,000 | -- | -- | 3,204 | 4814 Sqft |
11702 Charnock Road, Los Angeles, CA,90066 | $2,349,000 | 3 | 2 | 2,410 | 980 Sqft |
4980 S Centinela Avenue, Los Angeles, CA,90066 | $5,650,000 | 12 | -- | 10,950 | 5858 Sqft |
12420 Greene Avenue, Los Angeles, CA,90066 | $2,900,000 | 16 | -- | 7,205 | 9599 Sqft |
12124 Pacific Avenue, Los Angeles, CA,90066 | $11,495,000 | -- | -- | -- | 30001 Sqft |
3580 Wasatch Avenue, Los Angeles, CA,90066 | $6,800,000 | 6 | 7 | 6,331 | 7500 Sqft |
3226 S Barrington Avenue, Los Angeles, CA,90066 | $2,400,000 | 4 | 3 | 2,317 | 2732 Sqft |
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ByOwner last updated this listing 06/16/2024 @ 14:20
MLS: 24347553
LISTED BY: John Katnik, BRC Advisors- BH
SOURCE: CRMLS
Buyer Agency Compensation: 2%
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.