Michael Monempour
This listing was posted on Michael Monempour (via ListedBuy).
$4,100,000
4238 Lindblade Drive, Los Angeles, CA 90066
Price:
$4,100,000
BR/BA:
10+ BR, 10+ BA
Location:
4238 Lindblade Drive, Los Angeles, CA
Description:
PORTFOLIO SALE the offering is also being sold with 3739 Inglewood Blvd, 12625 Mitchell Ave, 12806 Matteson Ave,12811 Matteson Ave & 12814 Pacific Ave- This desirable location is centrally located between Palms, Culver City and Venice. Situated in one of the trendiest neighborhoods in Los Angeles, the offering is within walking distance to an array of shopping, entertainment and dining options. This collection of uniquely and rarely traded assets is being offered for sale for the first time in over 5 decades. The Collection contains an excellent unit mix consisting of five studios , 48 1-bedroom & 15 2-bedroom units, which are very suitable for today's market. The Portfolio is priced attractively at only $250,000 per unit & a 13.7 Gross Sale Multiplier. The properties have all been kept mostly in original condition and have deferred maintenance. All properties require mandatory compliance for earthquake seismic retrofit. Buyers shall assume all responsibility and liability to ensure that compliance will be met with Los Angeles Department of Building and Safety, as the ownership is selling the assets in their "AS-IS WHERE IS" condition. This is a brilliant opportunity for a savvy investor to acquire an ultra-prime west side location with significant value-add potential. The Ownership will consider offers on the entire Collection as a whole portfolio or may elect to sell them individually. Currently 5 units will be delivered vacant at the close of escrow. All units are separately metered for gas & electric. There is ample parking available on site for each property and on-site laundry (washer/dryer) for each building. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
10,080 sq. ft.
Amenities:
Washer Dryer
For sale by:
Agent/Broker
Agent Name:
Michael Monempour
Posted:
August 5 2023 on ListedBuy
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More About this Listing: 4238 Lindblade Drive, Los Angeles, CA 90066
4238 Lindblade Drive, Los Angeles, CA 90066 is a 10+ BR 10 Bathroom, 10+ BA, 18 Bathroom Multi-Family Real Estate for Sale at 4238 Lindblade Drive in Los Angeles CA. Find other listings like 4238 Lindblade Drive, Los Angeles, CA 90066 and listings near 4238 Lindblade Drive by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 18 Bathroom Multi-Family Real Estate for Sale in Los Angeles CA.
4238 Lindblade Drive, Los Angeles, CA 90066 is a 10+ BR 10 Bathroom, 10+ BA, 18 Bathroom Multi-Family Real Estate for Sale at 4238 Lindblade Drive in Los Angeles CA. Find other listings like 4238 Lindblade Drive, Los Angeles, CA 90066 and listings near 4238 Lindblade Drive by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 18 Bathroom Multi-Family Real Estate for Sale in Los Angeles CA.