Impossible to find LAC2-zoned 6-unit garden apartment building in a premiere West LA neighborhood featuring an expansive 150 foot frontage and priced at only $349k/unit & $416/square foot. First time on the market in 55 years and in an incredibly central location nestled between Westwood, Mar Vista, Santa Monica, and Silicon Beach but at a more attractive price. All units come occupied with stable tenants making this an ideal developer or 1031 exchange property and exhibit pride-of-ownership with original details and spacious floor plans. Excellent unit mix featuring a 2-story 2+1.5 "owner's unit" with fireplace, a 2+1, and 4 1+1's. The building enjoys on-site laundry, 4 single car garages and 2 outdoor parking spaces, and impeccable mid-century curb appeal. Don't miss this remarkable value add opportunity; whether you perform basic cosmetic improvements or re-imagine/re-purpose into the structure of your dreams, you'll have Google and a host of new mixed use projects to influence you.
Courtesy of Compass, Eric Akutagawa - CA DRE#01432257
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