REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Jessamine Walker

jessamine@walkerpropertygroupca.com +1(949) 241-2927

$ 1,295,000

Est. payment | -/mo

8 Beds

4 Baths

3,696 SqFt

Save

$ 1,295,000

Est. payment | -/mo

Save

8 Beds

4 Baths

3,696 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,696 sqft

Price per Sqft $350

MLS Listing ID 26997353

Bedrooms 8

HOA Y/N No

Year Built 1964

Lot Size 4,935 Sqft

Property Description

We are pleased to present 1690 West Blvd, a 4-unit property adjacent to the historic Lafayette Square neighborhood of Mid-City Los Angeles, delivered with 2 VACANT UNITS! At market rents, the building is projected to operate at a 8.3% CAP rate and 10.79 GRM. The property offers a desirable unit mix of four spacious 2-bedroom, 1-bathroom units of approximately 924 sq ft each, totaling 3,964 rentable square feet on a 5000 sq ft lot. On site laundry room. Upgrades include new hvac, new main electrical panel, and new sub electrical panels. With three units delivered vacant, this is a rare opportunity for an owner-user to live in one unit and rent out the others, or for an investor to capture immediate upside by leasing at market rents. Located in the heart of Mid-City, the property has excellent connectivity to Culver City, the Helms Bakery District, Cumulus, Miracle Mile, The Grove, West Hollywood, Beverly Hills, Century City, the Westside, and Downtown Los Angeles, including the Arts District. Major nearby employers such as Apple, Amazon MGM Studios, Sony Pictures, and HBO support strong, durable rental demand. Residents also have convenient access to grocery stores, gyms, coffee shops, restaurants, retail, and entertainment. Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Heating Heat Pump

Fireplace No

Appliance Dishwasher, Refrigerator

Laundry Common Area, Laundry Room

Exterior

Parking Features Assigned, Concrete

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5071010054

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Raaj Shankla Estate Properties #01721483

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 241-2927

jessamine@walkerpropertygroupca.com

GET MORE INFORMATION

California Real Estate

Welcome to RiseRealtyCA.com, your one-stop source for California real estate.

Use our state-of-the-art property search, including an interactive map search, to find homes for sale in California. These listings are updated daily from the MLS.

Or, use our Community Guide to help you in your search for California real estate listings. Our community searches will keep you up to date with the latest properties in the areas you are interested in.

And, for your convenience, be sure to register for a free account to receive email notifications whenever new homes for sale come on the market that match your specific criteria, and save your favorite properties for quick and easy access whenever you need — it's fast, easy, automatic and FREE! With a Property Tracker account, you'll be among the first to know about the newest homes for sale in California.

Thanks for visiting RiseRealtyCA.com, home of exquisite properties and excellent service.

1690 West BLVD Los Angeles, CA 90019