12066 Lamanda Street, Los Angeles, CA 90066

$2,398,000

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List Price
$2,398,000
Price Change
▼ $100,000 1777091842
Status
ACTIVE
MLS#
SB26049359
Year Built
1956
Lot Size
5,938
Acres
0.14
Lot Location
2-5 Units/Acre
Days on Market
138
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Location…Location…Location!! This is an exceptional opportunity to acquire a four-unit (9 BRs and 5Bths) investment property, with Three (3) 2BR Units and One (1) 3BR Unit located on a quiet cul-de-sac in the highly desirable Mar Vista neighborhood of Los Angeles. Thoughtfully upgraded and well maintained, the property reflects true pride of ownership and currently operates at market rents, creating an attractive turnkey investment opportunity for both seasoned and first-time investors. Each unit is individually metered for gas and electricity, offering efficient expense management for owners. The ample sized property also provides ample parking 5 parking spots, 4 covered and one tandem uncovered, a valuable amenity for tenants in this desirable Westside location. Situated on one of only two cul-de-sacs in Mar Vista, the property offers a rare combination of privacy and convenience. Residents enjoy quick access to the Interstate 405, and are just minutes from the beaches along the Pacific Ocean, the innovation hub of Silicon Beach, and the vibrant shopping and dining destinations the Westside is known for. For buyers seeking a “live in one and rent the others” strategy, this property presents an outstanding opportunity to offset mortgage costs while building long-term equity. A rare chance to own a well-positioned income property in one of Los Angeles’ most sought-after rental markets.

Additional Information

Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s)
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$159,500
Operating Expense
13445

Listing courtesy of Listing Agent: Tom Royds (thomas.royds@redfin.com) from Listing Office: Redfin Corporation.

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Calculator source: Real Geeks

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.