Live in One – Rent the Rest! Excellent Culver City Triplex in prime location near everything in West Los Angeles. Remodeled Front Two Bedroom Unit will be Vacant at COE. Sale includes (Almost) Approved Plans to Convert Garage to legal ADU (4th Unit) and enlarge the smaller 1 bedroom unit – into a two bedroom unit. Good sized units with vaulted ceilings, kitchens and family room all with first level entry. Close to 405 Freeway, Santa Monica, Abbott Kinney, Venice Boardwalk, Culver City Studios, the Beach and the rest of West Los Angeles. Current configuration includes Three Units: Two Large – Two Bedroom, one bathroom units; One – One Bedroom unit – Executed Plans will result in Four Units: Three- Large Two Bedroom, one bathroom units; One Large Studio (Converted Garage) – resulting in a major increase in the future Revenue and CAP rate. Plenty of parking on-site for each tenant and guests as well as ample street parking. Owner Occupy the two-bedroom unit while collecting rent from the two occupied units, all while you build out the ADU and update the rest of the property. Units occupied with long term tenants. One Unit can be delivered Vacant. Surrounding properties have seen major updates as the neighborhood continues to modernize. Drive by Only. Please do not disturb tenants or walk on premises. Buyer to do all their own due diligence and investigations. Broker is not responsible for any data inaccuracies. Seller May Carry a 2nd loan.
Property Details
Price:
$1,799,000
MLS #:
SB25030122
Status:
Active
Baths:
0
Address:
4232 Mclaughlin Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
c28culvercity
City:
Los Angeles
Listed Date:
Feb 10, 2025
State:
CA
ZIP:
90066
Lot Size:
6,006 sqft / 0.14 acres (approx)
Year Built:
1949
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Schools
Interior
Cooling
None
Fireplace Features
None
Heating
Electric
Exterior
Community Features
Suburban
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Features
Driveway
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Tenant Pays
Electricity, Gas
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address4232 Mclaughlin Avenue Los Angeles CA
- AreaC28 – Culver City
- CityLos Angeles
- CountyLos Angeles
- Zip Code90066
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4232 Mclaughlin Avenue
Los Angeles, CA
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