1100 Corning Street, Los Angeles
Los Angeles Home For Sale
8520 Whitworth Dr is a highly coveted Pico Robertson submarket, located just west of S La Cienega Blvd between W Olympic Blvd and W Pico Blvd, a premier Los Angeles neighborhood that attracts high-end renters with a consistently low vacancy rate and steady rent growth.The 2017 high quality construction is not subject to the Los Angeles Rent Stabilization Ordinance; the property totals 9,993 SF with seven spacious units that are all two-bedrooms (1,100-1,200 SF); there is one level of subterranean parking and one level of ground floor parking with 14 spaces total.Units have a condo feel each with a large patio and balconies, in-unit washers and dryers, fireplaces, recessed lighting, custom cabinets, and high-quality kitchens and bathrooms, and central air; the two units on the top floor feature vaulted ceilings.The building is currently fully occupied with strong in-place income; however, there is 18% rental upside achievable over time as units turn.There is a significant affordability gap between renting and home ownership in the neighborhood; within two miles of the subject property, the median home value is over $1 MM; the average household income within two miles of the property is $124,520.The Pico-Robertson neighborhood is an established Los Angeles community known for providing an array of amenities within a half-mile radius, the property has a walk score of 86 and is close proximity to S La Cienega, W Pico, and W Olympic Blvd with high-end retail options for residents.
Property Details
Additional Information
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- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90035
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- MLS® #:
- 24372041
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- Bedrooms:
- 4
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- Bathrooms:
- 4
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- Square Ft:
- 9,993
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- Lot Size:
- 0.14
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- Levels:
- Multi/Split
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- HOA Dues:
- $
Price Change History for 1100 Corning Street, Los Angeles, (MLS® #24372041)
| Date | Details | Price | Change |
|---|---|---|---|
| Price Reduced (from $5,500,000) | $4,995,000 | $505,000 (9.18%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 30th, 2024 at 10:22pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.