Classic 60’s courtyard building with garden-style, walk-up units, that are prevalent in The Westside. Just North of the 10 Freeway and a few blocks West of La Cienega, the property is located in La Cienega Heights, neighboring Palms – one of The Westside’s most robust rental submarkets. A tried-and-true investment option with easy access to jobs, dining and retail in Beverly Hills, Culver City and Hollywood. Highly "walkable" just 2 blocks from a large retail center, anchored by Target, LA Fitness & CVS. Through organic turnover or "cash for keys", a Buyer can expect healthy rent increases and a proforma cap rate of 6%.
Property Details
Price:
$5,499,000
MLS #:
24378401
Status:
Active
Baths:
0
Address:
1975 S Corning Street
Type:
Residential Income
Neighborhood:
c09beverlywoodvicinity
City:
Los Angeles
Listed Date:
Apr 1, 2024
State:
CA
ZIP:
90034
Lot Size:
12,612 sqft / 0.29 acres (approx)
Year Built:
1963
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Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Features
Covered
Parking Spots
15.00
Stories Total
2
Financial
Map
Community
- Address1975 S Corning Street Los Angeles CA
- AreaC09 – Beverlywood Vicinity
- CityLos Angeles
- CountyLos Angeles
- Zip Code90034
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Courtesy of CBRE, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.1975 S Corning Street
Los Angeles, CA
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