MLS® ID: 18-397654

8616 Whitworth Dr

Los Angeles, California, 90035

$3,725,000 Active
  • 9751 SQFT
A well-maintained eight-unit rent-controlled apartment building located in the Pico/Robertson submarket of Los Angeles. Built in 1964, the property has six townhouse units and a total of approximately 12 parking spaces (3 of which are tandem). The property offers a great unit mix of all two-bedroom units and a three-bedroom unit. There is onsite laundry, but one can add value by potentially adding washer/dryers in the units as part of their remodel when a unit becomes vacant. Currently two of the units have been beautifully significantly renovated. Two other units delivered vacant. Additionally, there is approximately 30% upside in the rents. This is a great long term hold or value add opportunity for a hands-on buyer. Existing Loan w/ Chase can be assumed - UPB: ~$2,075,000 with BELOW-MARKET INTEREST RATE OF 4.29% FIXED thru 02-01-24
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Listing courtesy of BRC Advisors- BH

Amenities

  • Zip
    90035
  • Office name
    BRC Advisors- BH
  • SQFT
    9751
  • Bedrooms
    0
  • Property type
    Residential Income
  • Zoning type
    LAR3
  • Year built
    1964
  • Lot size
    6887
  • Heating
    Other
  • Tax year
    0
  • Agent name
    Ardy Ishal
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    7000+ sq ft.
  • Area
    Beverlywood Vicinity
  • Year Built Range
    1989 (and earlier)
  • Office ID
    X82405
  • Agent ID
    C115067

Location

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