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Sold for $4,300,000 on 08/30/23
  • Listing Provided by: 

    Cameron Samimi DRE #02035763 310-259-7556,

    Lyon Stahl Investment Real Estate, Inc.

    $4,300,000

    4059 McLaughlin Ave, Los Angeles, CA 90066

    --beds
    --baths
    8,350sqft
    Multi Family
    Built in 1984
    -- sqft lot
    $3,738,000 Zestimate®
    $515/sqft
    $2,692 Estimated rent

    What's special

    Two units to be delivered vcnt! Not LA City Rent Control - falls under AB1482. Built in 1984, 4059 McLaughlin Ave is trophy asset with oversized units! This is the perfect opportunity for any investor looking for a prime apartment building in one of the most sought-after neighborhoods on the Westside of Los Angeles. This 8,350 SF building boasts a spacious unit mix of (1) 2Bed+2.5Bath Townhouse, (4) 2Bed+2Bath and (4) 1Bed+1Bath units. Once the two vacancies are rented for market, the property will operate at a 4.41% CAP and 14.98 GRM. All units feature large open floorplans, on site laundry as well as private patios/decks. There are plenty of garage parking spaces, as well as parking. The subject property is located in an A+ location, just minutes from Downtown Culver City and Playa Vista, making it any renters ideal location to live. Many large tech companies have made home in local neighborhoods including Apple, HBO, Google, Sony, and Facebook.

    Zillow last checked: 7 hours ago

    Listing updated: August 30, 2023 at 12:05pm

    Listing Provided by:

    Cameron Samimi DRE #02035763 310-259-7556,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    PAUL LIM, DRE #00992573

    BEST CENTURY REALTY

    Source: CRMLS,MLS#: SB23054533MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area, Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 8,350
    • Total interior livable area: 8,350 sqft

    Property

    Parking
    • Total spaces: 19
    • Parking features: Garage
    • Garage spaces: 19
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 7,678 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 4233008038
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Curbs, Golf, Hiking, Urban
    Location
    • Region: Los Angeles

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    Services availability
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    Estimated market value

    $3,738,000