2629 S Garth Avenue, Los Angeles, CA 90034

$999,000
10
BD
7
BA
4,410
SqFt

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List Price
$999,000
Status
ACTIVE
MLS#
26856833
Year Built
1940
Bedrooms
10
Bathrooms
7
Living Sq. Ft
4,410
Lot Size
7,501
Acres
0.17
Days on Market
19
Property Type
Multifamily
Stories
Two Levels

Property Description

OUTSTANDING INVESTMENT OPPORTUNITY IN THE HEART OF LOS ANGELES' VIBRANT MID-CITY NEIGHBORHOOD! This well-maintained Art Deco property features five income-producing units totaling approximately 4,410 square feet on a 7,501 square foot lot. The unit mix consists of one spacious 4-bedroom, 2-bath residence, one 3-bedroom, 2-bath unit, and three 1-bedroom, 1-bath apartments, all currently tenant occupied. A standout feature is the private rooftop deck attached to one of the upper units, providing a desirable outdoor living space with neighborhood views. Tenants also enjoy rear on-site parking with space for up to five vehicles. Conveniently located near Venice Boulevard and the I-10 Freeway, the property offers easy access to Culver City, major employment centers, shopping, dining, and entertainment. Popular destinations including Santa Monica, Marina del Rey, Beverly Hills, and West Hollywood are all just a short drive away, making this a highly desirable location for residents. With its distinctive 1940's Art Deco architecture, versatile unit mix, prime location, and reliable rental income, this property presents an exceptional opportunity to expand your investment portfolio. UNIT 2631 does not pay rent and this will continue for the entire life of the senior occupant. Said tenancy is a condition of sale, and said rights run with the property for the duration of the occupant's life *** Rents provided are current rents being paid. All units are occupied. Do not disturb occupants. Property to be delivered fully occupied. Landlord pays water, sewer and trash expenses. Tenants pay electricity and gas expenses.

Additional Information

Attached Structure
Detached
Number Of Units Total
5

Listing courtesy of Listing Agent: Micah Hiller (micah@primerockrealty.com) from Listing Office: Prime Rock Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.