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$ 3,550,000
Est. payment /mo
Active
3651 Mclaughlin Avenue Los Angeles, CA 90066
7,414 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,414 sqft
Price per Sqft $478
MLS Listing ID CL25522613
HOA Y/N No
Year Built 1961
Lot Size 7,390 Sqft
Acres 0.17
Property Sub-Type Other
Property Description
One unit 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 25% 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
Zoning LAR3
Interior
Heating Natural Gas
Fireplace No
Appliance Dryer
Laundry Dryer
Building
New Construction No
Others
Tax ID 4234014025
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Listed by Nathan Shaolian • Kidder Mathews of California, Inc.