3743 Mclaughlin Ave Los Angeles, CA 90066
Property Features for 3743 Mclaughlin Ave
General Information
- Lot size
- 0.21 Acres
Building Details
- Year built
- 1961
Source: Keller Williams Realty- YL/ AH
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
12-Unit Multifamily Property Near Culver
This 12-unit multifamily property, located near the border of Mar Vista and Culver City, presents an investment opportunity. Constructed in 1961, the building has 7380 square feet and is zoned LAR3. The unit mix includes four 0+1 units, four 1+1 units, three 2+1 units, and one 2+1.5 unit. Five of the units are fully furnished and operating on month-to-month leases; these can be delivered vacant and include one 0+1 unit, two 1+1 units, and two 2+1 units. ADU plans and permits are included, satisfying the retrofit requirement. The owner spent $76.8K on these plans. These plans detail two new units (one 1+1 in the front, and one 2+1 in the back) projected to increase revenue by $56K per year. Permits have been filed for the new units, but no work has commenced. The property is master metered for water and includes 13 parking spaces. A laundry room with leased washer and dryer is located onsite.
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.42554
- Latitude
- 34.00955
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FAQs
What type of property is this?
Apartment building - 12-unit multifamily property near Mar Vista and Culver City.
Where is this apartment building located?
The property is located at 3743 Mclaughlin Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: - ADU plans and permits included (valued at $76.8K) for two new units (1+1 and 2+1) projected to increase revenue by $56K annually and satisfy retrofit requirements.; - Favorable unit mix of twelve units: four 0+1, four 1+1, three 2+1, one 2+1.5.; - Five fully furnished units operating on month-to-month leases, deliverable vacant (one 0+1, two 1+1, two 2+1).