$2,550,000

3125 S Durango Ave , Los Angeles, CA 90034

 
Bedrooms:16 beds
Bathrooms:0 baths
(None specified):7,333 sqft
Lot:0.18
Year Built:1957
Listing Status:Active

Listing Agent

Chase Simonton
http://maxoneproperties.com
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Description

Pleased to present this rare 8-unit multifamilyinvestment opportunity located at 3125 S Durango Ave, situated in the highlydesirable Palms neighborhood of West Los Angeles. Built in 1957, the propertyfeatures 7,376 sq. ft. of rentable space on a spacious 8,001 sq. ft. lot zoned LAR3offering immediate income with significant value-add potential.The unit mix includes two 3-bedroom, 2-bath units; two 2-bedroom, 1.5-bathunits; two 2-bedroom, 1-bath units; and two 1-bedroom, 1-bath unitsan idealconfiguration for maximizing rentability across a variety of tenant profiles.The property includes 8 on-site parking spaces within a detached garage structure,with no seismic retrofit required. The detached parking area offers prime ADUconversion potential (buyer to verify), presenting an opportunity to increase unitcount and rental income.Current rents are well below market, offering a 29% rental upside through interiorrenovations and ADU expansion. Located just minutes from Downtown CulverCity, Sony Studios, and the Expo Line, this is a strategic Westside asset with bothimmediate and long-term investment potential.

Detailed Items

Other Information

3125 S Durango Ave, Los Angeles, CA, 90034 is a (none specified) listing of 7,333 sqft on a lot of 0.18. This (none specified) listing has 16 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property3125 S Durango Ave, Los Angeles, CA
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