Los Angeles, CA 90034,10876 PALMS BLVD
Los Angeles, CA 90034,10876 PALMS BLVD
Los Angeles, CA 90034,10876 PALMS BLVD
$3,350,000
Est. payment /mo
$3,650,000
8.2%
Est.Price: ?

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10 Beds
11 Baths
6,694 SqFt
SOLD DATE : 04/08/2022

Key Details

Sold Price $3,350,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,694 sqft

Price per Sqft $500

MLS Listing ID 22-125725

Sold Date 04/08/22

Bedrooms 10

Construction Status Updated/Remodeled

Year Built 1966

Lot Size 7,044 Sqft

Acres 0.1617

Property Sub-Type Multi-Family

Property Description

The "Culver Palms 10", is a meticulously maintained, turn-key, value-added 10 unit multifamily asset located on 10876 Palms Blvd., Los Angeles, CA 90034. The building is composed of eight (1 + 1), one (2 + 1) and one (0+1) studio units which are nearly all fully improved and modernized. Several units have rental upside potential with turnover. Additionally, the property features designer exterior paint with a highly visible custom mural, upgraded and well maintained common area, secure entry, off street parking for each unit and alley access. System upgrades include copper plumbing, recent seismic soft story retrofit, and dual pain windows. Given the prime westside location, turn-key condition, upside potential and low interest rates available today, qualified investors looking to build a generational WLA portfolio should take action today!

Location

State CA

County Los Angeles

Area Palms - Mar Vista

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Flooring Bamboo, Hardwood

Equipment Dishwasher, Dryer, Freezer, Garbage Disposal, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer

Laundry Laundry Area, In Unit

Exterior

Parking Features Garage Is Attached, On street

Garage Spaces 10.0

Building

Lot Description 5 + Lots

Story 2

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by RE/MAX ESTATE PROPERTIES
Bought with Kidder Mathews of California, Inc.

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agent

Ivan Perez

+1(818) 242-6422

Broker Associate | License ID: 01952891

Broker Associate License ID: 01952891

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