1546 S Bundy Drive

    Los Angeles (City), CA 90025
    • $5,500,000
    • STATUS: Pending
    • ON SITE: 24 days
    • ID#: 19471810
    Pending
    UPDATED: 53 min ago
    $5,500,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,672
      SQFT
    • $471
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1987
    County:

    School Ratings & Info

    Description

    NON-RENT-CONTROLLED. Golden opportunity to purchase an exceptional 12-unit multifamily complex within walking distance to METRO STATION. Built in 1987, this well-maintained 11670+ SF building is on a wide and expansive 8800+ SF lot in the heart of West Los Angeles. Approx 16.59 GRM. Easy-to-manage turnkey asset in a superb rental location. Excellent mix of 9 two-bedroom and 3 one-bedroom apartments -- yielding 21 large bedrooms, 21 bathrooms, 22 parking spaces, 12 balconies, and 12 fireplaces. Units are bright, with central AC and heat. Building has secure entry, gated garage, and community laundry room. Tremendous upside potential through cosmetic and other improvements. Short stroll to Metro Expo light-rail station near Bundy and Olympic. WalkScore of 90/100 ("Walker's Paradise"). Centrally located near 10 and 405 freeways, as well as Brentwood, Sawtelle, Santa Monica, Westwood and Century City. Please do not disturb occupants.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-26T21:43:10.433. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/95422215

    1546 S Bundy Drive Los Angeles (City), CA 90025

    • Price: $5,500,000
    • Status: Pending
    • Updated: 53 min ago
    • ID#: 19471810
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    11,672
    SQFT
    $471
    $/SQFT
    1987
    Built
    Neighborhood:
    WLA - West Los Angeles
    County:
    Los Angeles
    Area:
    WLA - West Los Angeles
    Property Description
    NON-RENT-CONTROLLED. Golden opportunity to purchase an exceptional 12-unit multifamily complex within walking distance to METRO STATION. Built in 1987, this well-maintained 11670+ SF building is on a wide and expansive 8800+ SF lot in the heart of West Los Angeles. Approx 16.59 GRM. Easy-to-manage turnkey asset in a superb rental location. Excellent mix of 9 two-bedroom and 3 one-bedroom apartments -- yielding 21 large bedrooms, 21 bathrooms, 22 parking spaces, 12 balconies, and 12 fireplaces. Units are bright, with central AC and heat. Building has secure entry, gated garage, and community laundry room. Tremendous upside potential through cosmetic and other improvements. Short stroll to Metro Expo light-rail station near Bundy and Olympic. WalkScore of 90/100 ("Walker's Paradise"). Centrally located near 10 and 405 freeways, as well as Brentwood, Sawtelle, Santa Monica, Westwood and Century City. Please do not disturb occupants.
    Exterior Features

    Lot Size Units Square Feet Parking Features SubterraneanGarage Door OpenerControlled EntranceCommunity Structure Parking YN Yes

    Interior Features

    Appliances RefrigeratorDishwasher Appliances YN Yes Cooling Central Air Cooling YN Yes Laundry Features Washer IncludedDryer Included

    Property Features

    Gross Multiplier 16.59 Gross Operating Income 331468.00 Improvements Amount 1099526 Land Value 1487596 Laundry YN Yes Net Operating Income 229071.00 Special Listing Conditions Standard Total Expenses 102397.00 Zoning Lar3

    Listing provided courtesy of Dennis Wong of Sunshine Realty and Felix Wong of Sunshine Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-26T21:43:10.433. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024