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3410 Club Drive, Los Angeles, CA 90064
Priced at Only: $6,695,000
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Address: 3410 Club Drive, Los Angeles, CA 90064
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  • MLS#: 26645141 ( )
  • Street Address: 3410 Club Drive
  • Viewed: 1
  • Price: $6,695,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1957
  • Bldg sqft: 0
  • Days On Market: 8
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90064
  • Provided by: Coldwell Banker Realty
  • Contact: Linda Linda
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    3410 Club Drive presents a rare opportunity to acquire a well performing 17 unit multifamily property in a highly desirable in west Los Angeles, adjacent to Cheviot Hills and near Culver City. The property is largely renovated, with 15 of 17 units featuring updated interiors, generating approximately $524,000 in gross annual income and offering strong in place cash flow. The property features a charming central courtyard, a well maintained pool, on site laundry, controlled access, and 18 carport parking spaces, many of which have built in storage. Excellent Unit Mix of (4) 2+2, (9) 2+1, (4) 1+1. Select capital improvements have been completed over time and include predominantly copper plumbing, largely updated electrical systems, and mostly newer windows (buyer to verify). Seismic retrofit earthquake work and required balcony inspections have been completed, reducing future capital exposure. Additional upside exists via two existing non residential spaces that may be suitable for ADU conversion, presenting potential for future income growth (buyer to verify feasibility with the City). This offering is well suited for investors, including 1031 exchange buyers, seeking a stabilized asset with durable income and long term growth potential.
Features
Appliances
  1. Dishwasher
  2. Disposal
Building Area Total
  1. 13248.00
Carport Spaces
  1. 18.00
Country
  1. US
Flooring
  1. Laminate
  2. Vinyl
  3. Tile
Gardner Expense
  1. 6600.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 19861.00
Interior Features
  1. Ceiling Fan(s)
Laundry Features
  1. Community
Laundry Income
  1. 3600.00
Levels
  1. Two
Netoperatingincome
  1. 322903.00
Newtaxesexpense
  1. 81250.00
Otherexpense
  1. 3600.00
Otherincome1
  1. 520587.00
Parcel Number
  1. 4316031014
Parking Features
  1. Assigned
  2. Carport
  3. Attached Carport
Pool Features
  1. In Ground
  2. Fenced
  3. Community
Professionalmanagementexpense
  1. 20000.00
Security Features
  1. Gated Community
Sourcesystemkey
  1. 26645141:CLAW
Tenant Pays
  1. Electricity
  2. Gas
Totalexpenses
  1. 190872.00
Trash Expense
  1. 9000.00
Water Sewer Expense
  1. 14000.00
Year Built
  1. 1957
Zoning
  1. LAR3
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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