PRICE IMPROVEMENT! 12 units newly built in 2014 - No Rent Control (No RSO and No AB1482) in desirable west Los Angeles neighborhood in Marina Del Rey bordering Playa Vista, Mar Vista and Culver City. Current scheduled gross income approx. $374,000 + additional income for parking and utility reimbursements. Current GRM is 17.2 and market at 15.61 GRM; room to immediately improve rents! Excellent location at the corner of Centinela Ave & Culver Dr. adjacent to Ballona Creek bike path with city, mountain and LA river views from most of the units. Desirable unit mix with eight 1bd+1ba+Loft, three 1bd + 1ba and one large studio. All units are bright, spacious & modern with its own washer/dryer inside, modern kitchens with stainless steel appliances, white quartz countertops, gray laminate floors throughout. Most units have large patios and/or balconies. Building also features large private gym, security gated parking, intercom access, elevator lift from garage to all floors and security cameras. Centrally located close to UCLA , LMU & SMC, easy access to shopping centers, restaurants and freeways. Great tenants with no back rents due and current throughout COVID.
Listing Agent: Susan Lau Courtesy of: Coldwell Banker Realty The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 22nd March, 2023 6:30 PM (UTC)