Description
Seven out of nine units have been fully renovated, including in unit washers and dryers and new plumbing and electrical // Competitively priced at a 3.8% cap on actuals to be a 5% cap // Modern units feature spacious living rooms, hardwood floors, recessed lighting, large closets with built-in shelving, stainless steel appliances, and in-unit washer and dryers // Opportunity to achieve over 20% rental upside by completing upgrades when remaining two units vacate // Residents benefit from onsite, gated parking and secure entrances // Half a mile from the Palms Station for the Expo Metro line, connecting the property to Santa Monica, Downtown Los Angeles and beyond // Surrounded by known tech hubs of Culver City and the "Silicon Beach" cities of Santa Monica, Venice and Playa Vista // Direct access to shopping and dining destinations in Los Angeles, from Beverly Hills triangle and Century City Westfield Mall to walkable Brentwood and Santa Monica // Easy commutes to job centers including Culver City, Santa Monica, Playa Vista, Beverly Hills, Century City and Downtown Los Angeles
-
13BEDS
-
0.16ACRES
-
0BATHS
-
01/2 BATHS
-
7,971SQFT
-
$489$/SQFT
School Ratings & Info
Description
Seven out of nine units have been fully renovated, including in unit washers and dryers and new plumbing and electrical // Competitively priced at a 3.8% cap on actuals to be a 5% cap // Modern units feature spacious living rooms, hardwood floors, recessed lighting, large closets with built-in shelving, stainless steel appliances, and in-unit washer and dryers // Opportunity to achieve over 20% rental upside by completing upgrades when remaining two units vacate // Residents benefit from onsite, gated parking and secure entrances // Half a mile from the Palms Station for the Expo Metro line, connecting the property to Santa Monica, Downtown Los Angeles and beyond // Surrounded by known tech hubs of Culver City and the "Silicon Beach" cities of Santa Monica, Venice and Playa Vista // Direct access to shopping and dining destinations in Los Angeles, from Beverly Hills triangle and Century City Westfield Mall to walkable Brentwood and Santa Monica // Easy commutes to job centers including Culver City, Santa Monica, Playa Vista, Beverly Hills, Century City and Downtown Los Angeles
Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-25T23:43:08.557. 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.