Probate Sale. Subject to Court confirmation and overbidding in Court. 8-Unit mixed-use property located in a trendy district of West LA. Easy access to shopping, dining options, entertainment, and I-405. Minutes from Downtown Culver City and Venice Beach. Excellent opportunity for a savvy investor to acquire a prime westside location with significant value-add potential. For sale AFTER 58 years! Unit mix 5 x 2 bed 1 bath and 1 x 1 bed 1 bath residential units, plus 2 commercial units. One large 2 bedroom unit is vacant, and will be delivered vacant at COE. All units are separately metered for both gas and electricity. Mandatory Soft Story Retrofit has NOT been done and a Certificate of Substandard Building has been recorded by the City on the title on Feb. 05, 2019. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS & Where IS, with current tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.
24369495
Mixed Use, Business Opportunities, 2 Story
Los Angeles
1960
0.1149
Acres
Public
2
Frame,Stucco
4,661
Sq. Ft.
Multi-Family
Detailed Room Information
- Laundry
- Common Area
Interior Features
- Heating
- Other. Wall Furnace.
- Security
- Carbon Monoxide Detector(s),Smoke Detector(s)
Exterior / Lot Features
- Parking
- 7 Parking Spaces. 0 Covered Parking Spaces.
- Exterior
- Stucco, Frame
- Roof
- Flat, Rolled, Hot Mop
- Zoning
- LAC2
- Additional Exterior/Lot Features
- Rectangular Lot.
Community Features
- Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
- Complex Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Financial Considerations
4235029038
Cash, Court Approval
Arrows indicate 90 day trend
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