4232 Mclaughlin Avenue,
Home For Sale
Investors Special... Excellent Culver City Triplex in prime location near everything in West Los Angeles. Sale includes Approved Plans to Convert Garage to legal ADU (4th Unit) and enlarge the smaller 1 bedroom unit - into a two bedroom unit. Begin the updates at Close of Escrow. Good sized units with vaulted ceilings, kitchens and family room all with first level entry. Close to 405 Freeway, Santa Monica, Abbott Kinney, Venice Boardwalk, Culver City Studios, the Beach and the rest of West Los Angeles. Current configuration includes Three Units: Two Large - Two Bedroom, one bathroom units; One - One Bedroom unit Executed Plans will result in Four Units: Three- Large Two Bedroom, one bathroom units; One Large Studio (Converted Garage) - resulting in a major increase in the future Revenue and CAP rate. Plenty of parking on-site for each tenant and guests as well as ample street parking. Update and Owner Occupy the two-bedroom unit while collecting rent from the two occupied units, all while you build out the ADU and update the property. Currently only two units occupied with long term tenants. Surrounding properties have seen major updates as the neighborhood continues to modernize. Drive by Only. Please do not disturb tenants or walk on premises. Buyer to do all their own due diligence and investigations. Broker is not responsible for any data inaccuracies. Seller May Carry a 2nd loan.
Property Details
Additional Information
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- County:
- Los Angeles
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- Zip:
- 90066
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- MLS® #:
- SB24080285
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- Bedrooms:
- 5
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- Lot Size:
- 0.14
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- Neighborhood:
- LOS ANGELES (90066)
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Listing information last updated on July 8th, 2024 at 7:15am PDT.