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    3630 Midvale Avenue

    Los Angeles, CA 90034
    • $7,250,000
    • STATUS: ACTIVE
    • ON SITE: 144 days
    • ID#: 302652017
    UPDATED: 8 min ago
    $7,250,000
    • 3
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Los Angeles (90034)
    Type:
    Multi-Family
    Built:
    1963
    County:
    Los Angeles
    Area:
    Los Angeles (90034)

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    Description

    PRICE REDUCED $500,000 !! Well maintained, 20 units located in the prime - and high-rental demand - Palms area of the Westside.? Six 2-bedroom, 1.5-bath units; thirteen 1-bedroom 1-bath and one studio on a large 16,000 square foot lot.? Great commuter location.? 26 parking places, security gate and on-site laundry.? This property is also offered as part of seven building portfolio (see attached Offering Memorandum).? Shown on accepted offers only.? Please do not disturb the tenants. PRICE REDUCED $500,000 !! Well maintained, 20 units located in the prime - and high-rental demand - Palms area of the Westside.? Six 2-bedroom, 1.5-bath units; thirteen 1-bedroom 1-bath and one studio on a large 16,000 square foot lot.? Great commuter location.? 26 parking places, security gate and on-site laundry.? This property is also offered as part of seven building portfolio (see attached Offering Memorandum).? Shown on accepted offers only.? Please do not disturb the tenants.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
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    3630 Midvale Avenue Los Angeles, CA 90034

    • Price: $7,250,000
    • Status: ACTIVE
    • Updated: 8 min ago
    • ID#: 302652017
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    1963
    Built
    Neighborhood:
    Los Angeles (90034)
    County:
    Los Angeles
    Area:
    Los Angeles (90034)
    Property Description
    PRICE REDUCED $500,000 !! Well maintained, 20 units located in the prime - and high-rental demand - Palms area of the Westside.? Six 2-bedroom, 1.5-bath units; thirteen 1-bedroom 1-bath and one studio on a large 16,000 square foot lot.? Great commuter location.? 26 parking places, security gate and on-site laundry.? This property is also offered as part of seven building portfolio (see attached Offering Memorandum).? Shown on accepted offers only.? Please do not disturb the tenants. PRICE REDUCED $500,000 !! Well maintained, 20 units located in the prime - and high-rental demand - Palms area of the Westside.? Six 2-bedroom, 1.5-bath units; thirteen 1-bedroom 1-bath and one studio on a large 16,000 square foot lot.? Great commuter location.? 26 parking places, security gate and on-site laundry.? This property is also offered as part of seven building portfolio (see attached Offering Memorandum).? Shown on accepted offers only.? Please do not disturb the tenants.
    Exterior Features

    Pool N/K

    Interior Features

    Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1

    Property Features

    Actual Cap Rate 5.05 Annual Expense Actual 93791 Assessments Yes/Remarks Buildings 2 Gross Rent Multiplier Actual 15.3 Gross Scheduled Income Actual 471562 Home Owners Fees 0.0 Possession Close Of Escrow Terms CashExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 0.0 Unit2 Rent Actual 167436.0 Unit3 Rent Actual 103658.0 Zoning Public Rec

    Listing provided courtesy of Corcoran Group Of California Inc.. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    The Legacy Real Estate Team
    10620 Treena St, Suite 230
    San Diego CA, 92131