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8654 Falmouth Ave

Playa Del Rey, CA 90293
  • $8,150,000
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 22-144780
UPDATED: 43 min ago
$8,150,000
  • 27
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 16,275
    SQFT
  • $501
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Description

PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS | Constructed in 1962 on a 19,841 square foot lot, Twin Dolphin is a two-story, 19-unit multifamily property with a total building size of 16,275 square feet. The well-maintained property is separately metered for electric, is serviced by a central water heater, and offers a gated pool, an on-site laundry facility, and covered and carport parking with storage bins. Twin Dolphin boasts an excellent unit mix of one studio/one-bathroom unit, nine one-bedroom/one-bathroom units, eight two-bedroom/one-and-one-half-bathroom units, and one three-bedroom/two-bathroom unit. The units offer laminate, carpet, and tile flooring, dual pane windows, electric stovetops, dishwashers, ceiling fans, and wall units for heating. Recent improvements include new kitchen cabinets, stainless steel appliances, dual-pane vinyl windows, and completion of the city mandated soft-story seismic work.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-24T07:42:43.297. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/127551326
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8654 Falmouth Ave Playa Del Rey, CA 90293

  • Price: $8,150,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 43 min ago
  • MLS #: 22-144780
27
Beds
0
Baths
0
½ Baths
0.46
Acres
16,275
SQFT
$501
$/SQFT
1962
Built
Neighborhood:
Playa Del Rey
County:
Los Angeles
Area:
Playa Del Rey
Property Description
PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS | Constructed in 1962 on a 19,841 square foot lot, Twin Dolphin is a two-story, 19-unit multifamily property with a total building size of 16,275 square feet. The well-maintained property is separately metered for electric, is serviced by a central water heater, and offers a gated pool, an on-site laundry facility, and covered and carport parking with storage bins. Twin Dolphin boasts an excellent unit mix of one studio/one-bathroom unit, nine one-bedroom/one-bathroom units, eight two-bedroom/one-and-one-half-bathroom units, and one three-bedroom/two-bathroom unit. The units offer laminate, carpet, and tile flooring, dual pane windows, electric stovetops, dishwashers, ceiling fans, and wall units for heating. Recent improvements include new kitchen cabinets, stainless steel appliances, dual-pane vinyl windows, and completion of the city mandated soft-story seismic work.
Exterior Features

Lot Size Area 19841 Other Structures None Parking Garage CarportCovered Parking Pool Description Community Pool YN Yes Spa None Spa YN No Total Parking 19

Interior Features

Baths Total 28.00 Cooking Appliances ElectricOvenCooktop - Electric Cooling Ceiling Fan Equipment Ceiling FanDishwasherRefrigerator Fireplace Rooms None Flooring CarpetLaminateTile Heating Forced Air Laundry Community Water Heater Features Central Water Heater

Property Features

Gardener Expense 3000.00 Gross Income 465888 Gross Operating Income 451911 Insurance Expense 7349.00 Like Units1 1 Like Units2 9 Like Units3 8 Like Units4 1 Maintenance Expense 13300.00 Management Expense 17704.00 Net Operating Income 271108.00 Number Of Buildings 1 Number Of Units 19 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 180804 Trash Expense 3385.00 Type Of Units Multifamily Water Expense 12075.00 Year Built Source Assessor Zoning Lar3

Listing provided courtesy of Priscilla Nee DRE#01435254 of Cb Richard Ellis, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-24T07:42:43.297. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270