3744 Delmas Terrace
Los Angeles, CA, 90034
$2,695,000
Beds
0 Baths
SqFt
0.17 Acres
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** OFFERS DUE MONDAY, FEBRUARY 10 @ 10:00am ** NO LA CITY RENT CONTROL. Other LA, State, County rental housing rules/regs may apply. Buyer to undertake all due diligence in that regard; Broker/Agents make no representations concerning same. Located on a cul-de-sac in Palms, this 9-unit, non-rent control multifamily property offers tenants the best of both worlds: a residential setting on a quiet street offering the conveniences of Downtown Culver City and other nearby retail centers. Key landmarks, including Culver City Hall, Sony Pictures Studios, Apple, Amazon and other top employment centers are within close proximity. Built on an approximately 7,317 square foot lot, the property consists of (4) two bedroom/two bathroom units, (1) one bedroom/one bathroom unit, and (4) studios, totaling over 7,600 square feet of living space. Depending on the unit, amenities include dens, lofts and balconies. The building also features off-street parking with space for up to 9 cars, and on-site laundry. Potential ADU conversion of garage space(s) to be researched if desired; no guarantee or representations made re same. Moments to the freeways and multiple Metro E Line stations, such as Palms and Culver City stations, providing easy light rail access to Santa Monica, Downtown Los Angeles and all points in between. Generating $214,896 a year, this property is not just a great investment — priced at an almost 5% cap, it is a golden opportunity for your portfolio with strong upside in rents.

Property Details

Price:
$2,695,000
MLS #:
25492575
Status:
Pending
Baths:
0
Address:
3744 Delmas Terrace
Type:
Residential Income
Neighborhood:
c09beverlywoodvicinity
City:
Los Angeles
Listed Date:
Jan 31, 2025
State:
CA
ZIP:
90034
Lot Size:
7,317 sqft / 0.17 acres (approx)
Year Built:
1984
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Foundation Details
Raised
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Attached Carport, Assigned
Parking Spots
9.00
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3744 Delmas Terrace
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