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$ 3,550,000
Est. payment | /mo
15 Beds
15 Baths
7,414 SqFt
$ 3,550,000
Est. payment | /mo
15 Beds
15 Baths
7,414 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,414 sqft
Price per Sqft $478
MLS Listing ID 25522613
Bedrooms 15
HOA Y/N No
Year Built 1961
Lot Size 7,392 Sqft
Property Description
THREE units delivered VACANT - 3651 McLaughlin Ave presents a rare opportunity to acquire a ten-unit multifamily property in the highly desirable West Los Angeles submarket of Mar Vista, adjacent to Venice and Culver City. Situated in one of the most sought-after rental markets, the property benefits from its proximity to a diverse array of shopping, dining, and entertainment options. Positioned on a 7,388 SF lot, the building offers 7,414 SF of rentable space, consisting of five (5) two-bedroom, one-and-a-half-bath units and five (5) one-bedroom, one-bath units. This rarely traded asset provides investors with significant value-add potential, featuring over 20% rental upside and ADU development opportunities in the existing tuck-under parking. This offering represents a compelling investment for a savvy investor seeking to capitalize on the strong demand and future growth of one of Los Angeles' premier rental markets.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning LAR3
Interior
Heating Natural Gas
Fireplace No
Appliance Dryer
Exterior
Parking Features Driveway, Uncovered
Total Parking Spaces 10
Building
Story 2
Entry Level Two,Multi/Split
Level or Stories Two, Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4234014025
Special Listing Condition Standard
Listed by Nathan Shaolian Kidder Mathews of California, Inc.
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Deborah Bush
License ID: 01964485