3743 Mclaughlin Avenue Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90066
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,380 sqft
Price per Sqft $487
MLS Listing ID CL25570241
HOA Y/N No
Year Built 1961
Lot Size 9,045 Sqft
Acres 0.21
Property Sub-Type Other
Property Description
Keller Williams Realty and Everyday Real Estate Inc. are pleased to offer this exceptional investment opportunity. 3743 Mclaughlin Ave is a 12-unit, 7380 square foot multifamily property zoned LAR3 and located near the border of Mar Vista and Culver City. Built in 1961, this classic building offers a favorable unit mix of four 0+1, four 1+1, three 2+1, one 2+1.5. Five of the units are fully furnished and operating on month-to-month leases and can be delivered vacant (one 0+1, two 1+1, two 2+1). ADU plans, which satisfy the retrofit requirement, and permits are included (owner spent $76.8K). These two new units (1+1 in the front, and 2+1 in the back) are projected to increase revenue by $56K per year and will satisfy the retrofit requirement. Permits have been filed but no work has commenced. Property is master metered for water, has 13 parking spaces and laundry room onsite with leased washer and dryer.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area,Other
Building
New Construction No
Others
Tax ID 4234015003