2656 S La Cienega Ave Active

Los Angeles,CA 90034

$ 1200000

0 Bed

0 Bath

4136 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,136 sqft

Price per Sqft $290

MLS Listing ID 25550849

Year Built 1949

Lot Size 5,684 Sqft

Acres 0.1305

Property Sub-Type Multi-Family

Property Description

WESTMAC Commercial Brokerage Company is pleased to present the opportunity to acquire 2656-2662 1/2 La Cienega Avenue, an eight-unit multifamily property in West Los Angeles near Culver City. The property is adjacent to the Arts District area, just two blocks from bustling Washington Boulevard. The subject property is a 4,136 SF building on 5,682 SF of land. 2656-2662 1/2 La Cienega Avenue is comprised of entirely studio units, with parking in the front of the building for approximately five (5) cars. The units are subject to rent control, allowing for 4% annual increases plus SCEP adjustments. There is a small interior patio on the ground floor and a garden on the north side of the building. The location of this property is excellent. It is situated on a residential street near the Arts District area of Culver City, between Washington and La Cienega Boulevard. The 10 freeway is just a couple minutes away. There are ample area amenities nearby, especially on Washington, which is packed with restaurants and cafes, all of which are extremely accessible with the neighborhood's Walk Score of 88. The property's close access to the 10 freeway offers easy commuting in and out of Culver City. The Metro E Line's La Cienega/Jefferson station is a four minute drive or a 20 minute walk away. This is an excellent opportunity for a multifamily investor to own property in anideal Culver City adjacent location.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAC2

Exterior

Garage Spaces 5.0

Building

Story 2

Others

Special Listing Condition Standard

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