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2725 S La Brea Avenue

Los Angeles, CA 90016
  • $6,990,000
  • STATUS: ACTIVE
  • ON SITE: 85 Days
  • ID#: MB24164906
$6,990,000
  • 15
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

THIS IS THE ONE: NEWLY BUILT (2022) -NO RENT CONTROL, fully stabilized 10-UNITS located at 2725-2801 S La Brea Ave! Situated on a combined 15,999 square foot parcel with sufficient parking and common shared exterior space, this property offers the best amenities for all co-living arrangements. The combined 15,860 living SQ FT makes this a sound investment to purchase a new construction property under $450 per square foot and/or $699K per unit. This unique property is located just minutes away from the rapidly changing Jefferson Boulevard strip within the desirable West Adams neighborhood, this sought-after location offers convenient access to fresh new eateries, employment centers and retail. Amazon Studios, Apple, Warner Media and Sony all occupy space in neighboring Culver City This influx has caused many tech and media companies to relocate into West Adams which in turn is experiencing tremendous growth fueled by significant development activity and a growing roster of retail & office tenants. This location is less than 2 miles away from Cumulus, which has over 100,000 square feet of retail anchored by Whole Foods. The surrounding area continues to experience gentrification, making West Adams a compelling value-proposition for tenants who are getting priced out of neighboring submarkets. West Adams is poised for employment and rent growth, making 2725 S. La Brea Ave an attractive opportunity for a long-term sustainable investment-make this your 1031 exchange-call today! Please do not disturb the residents! THIS IS THE ONE: NEWLY BUILT (2022) -NO RENT CONTROL, fully stabilized 10-UNITS located at 2725-2801 S La Brea Ave! Situated on a combined 15,999 square foot parcel with sufficient parking and common shared exterior space, this property offers the best amenities for all co-living arrangements. The combined 15,860 living SQ FT makes this a sound investment to purchase a new construction property under $450 per square foot and/or $699K per unit. This unique property is located just minutes away from the rapidly changing Jefferson Boulevard strip within the desirable West Adams neighborhood, this sought-after location offers convenient access to fresh new eateries, employment centers and retail. Amazon Studios, Apple, Warner Media and Sony all occupy space in neighboring Culver City This influx has caused many tech and media companies to relocate into West Adams which in turn is experiencing tremendous growth fueled by significant development activity and a growing roster of retail & office tenants. This location is less than 2 miles away from Cumulus, which has over 100,000 square feet of retail anchored by Whole Foods. The surrounding area continues to experience gentrification, making West Adams a compelling value-proposition for tenants who are getting priced out of neighboring submarkets. West Adams is poised for employment and rent growth, making 2725 S. La Brea Ave an attractive opportunity for a long-term sustainable investment-make this your 1031 exchange-call today! Please do not disturb the residents!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/153541443
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2725 S La Brea Avenue Los Angeles, CA 90016

  • Price: $6,990,000
  • Status: ACTIVE
  • On Site: 85 Days
  • ID#: MB24164906
15
Beds
0
Baths
0
½ Baths
0.37
Acres
Neighborhood:
West Adams
County:
Los Angeles
Area:
Los Angeles (90016)
Property Description
THIS IS THE ONE: NEWLY BUILT (2022) -NO RENT CONTROL, fully stabilized 10-UNITS located at 2725-2801 S La Brea Ave! Situated on a combined 15,999 square foot parcel with sufficient parking and common shared exterior space, this property offers the best amenities for all co-living arrangements. The combined 15,860 living SQ FT makes this a sound investment to purchase a new construction property under $450 per square foot and/or $699K per unit. This unique property is located just minutes away from the rapidly changing Jefferson Boulevard strip within the desirable West Adams neighborhood, this sought-after location offers convenient access to fresh new eateries, employment centers and retail. Amazon Studios, Apple, Warner Media and Sony all occupy space in neighboring Culver City This influx has caused many tech and media companies to relocate into West Adams which in turn is experiencing tremendous growth fueled by significant development activity and a growing roster of retail & office tenants. This location is less than 2 miles away from Cumulus, which has over 100,000 square feet of retail anchored by Whole Foods. The surrounding area continues to experience gentrification, making West Adams a compelling value-proposition for tenants who are getting priced out of neighboring submarkets. West Adams is poised for employment and rent growth, making 2725 S. La Brea Ave an attractive opportunity for a long-term sustainable investment-make this your 1031 exchange-call today! Please do not disturb the residents! THIS IS THE ONE: NEWLY BUILT (2022) -NO RENT CONTROL, fully stabilized 10-UNITS located at 2725-2801 S La Brea Ave! Situated on a combined 15,999 square foot parcel with sufficient parking and common shared exterior space, this property offers the best amenities for all co-living arrangements. The combined 15,860 living SQ FT makes this a sound investment to purchase a new construction property under $450 per square foot and/or $699K per unit. This unique property is located just minutes away from the rapidly changing Jefferson Boulevard strip within the desirable West Adams neighborhood, this sought-after location offers convenient access to fresh new eateries, employment centers and retail. Amazon Studios, Apple, Warner Media and Sony all occupy space in neighboring Culver City This influx has caused many tech and media companies to relocate into West Adams which in turn is experiencing tremendous growth fueled by significant development activity and a growing roster of retail & office tenants. This location is less than 2 miles away from Cumulus, which has over 100,000 square feet of retail anchored by Whole Foods. The surrounding area continues to experience gentrification, making West Adams a compelling value-proposition for tenants who are getting priced out of neighboring submarkets. West Adams is poised for employment and rent growth, making 2725 S. La Brea Ave an attractive opportunity for a long-term sustainable investment-make this your 1031 exchange-call today! Please do not disturb the residents!
Exterior Features

Parking Garage Desc Unit1 Assigned Pool N/K Site Sidewalks Spa N/K

Interior Features

Cooling Central Forced Air Stories 3 Story Total Baths Unit1 4 Total Baths Unit2 4 Total Baths Unit3 4 Total Baths Unit4 3 Units With Range Oven 10 Units With Refrigerators 10 Units With Washers 10

Property Features

Annual Expense Actual 20800 Assessments Yes/Remarks Buildings 4 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 0 Home Owners Fees 0.0 Possession Close of Escrow Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 4400.0 Unit2 Rent Actual 4500.0 Unit3 Rent Actual 4525.0 Unit4 Rent Actual 0.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Xio Sandoval of CENTURY 21 REALTY MASTERS: 323-253-5456. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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4138 Napier St.
San Diego CA, 92110