THIS IS THE ONE: NEWLY BUILT (2022) -NO RENT CONTROL, fully stabilized 10-UNITS located at 2725-2801 S La Brea Ave! Situated on a combined 15,999 square foot parcel with sufficient parking and common shared exterior space, this property offers the best amenities for all co-living arrangements. The combined 15,860 living SQ FT makes this a sound investment to purchase a new construction property under $450 per square foot and/or $699K per unit. This unique property is located just minutes away from the rapidly changing Jefferson Boulevard strip within the desirable West Adams neighborhood, this sought-after location offers convenient access to fresh new eateries, employment centers and retail. Amazon Studios, Apple, Warner Media and Sony all occupy space in neighboring Culver City This influx has caused many tech and media companies to relocate into West Adams which in turn is experiencing tremendous growth fueled by significant development activity and a growing roster of retail & office tenants. This location is less than 2 miles away from Cumulus, which has over 100,000 square feet of retail anchored by Whole Foods. The surrounding area continues to experience gentrification, making West Adams a compelling value-proposition for tenants who are getting priced out of neighboring submarkets. West Adams is poised for employment and rent growth, making 2725 S. La Brea Ave an attractive opportunity for a long-term sustainable investment-make this your 1031 exchange-call today! Please do not disturb the residents!
Property Details
Price:
$6,990,000
MLS #:
MB24164906
Status:
Active
Baths:
0
Address:
2725 S La Brea Avenue
Type:
Residential Income
Subtype:
Townhouse
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Aug 9, 2024
State:
CA
ZIP:
90016
Lot Size:
15,999 sqft / 0.37 acres (approx)
Year Built:
2022
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Schools
Interior
Cooling
Central Air
Fireplace Features
None
Flooring
Laminate
Heating
Central
Exterior
Community Features
Sidewalks, Storm Drains, Street Lights
Fencing
Privacy, Security
Foundation Details
Slab
Garage Spaces
12.00
Lot Features
Lot 10000-19999 Sqft
Parking Features
Assigned, Controlled Entrance, Direct Garage Access, Driveway
Parking Spots
22.00
Pool Features
None
Roof
Flat
Sewer
Public Sewer
Spa Features
None
Stories Total
3
View
City Lights, Neighborhood
Water Source
Private
Financial
Association Fee
0.00
Tenant Pays
All Utilities
Map
Community
- Address2725 S La Brea Avenue Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90016
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Courtesy of CENTURY 21 REALTY MASTERS. 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.
2725 S La Brea Avenue
Los Angeles, CA
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