2314 S Corning St
LOS ANGELES, CA 90034

Property

Ownership: For Sale
Bedrooms: 12 BR
Bathrooms: 9
Area: 7504 sq ft
Lot Size: 0.17 Acres

Financials

Price:$2,050,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc.

Description

This legacy property is the Best Value in Reynier Village at $227k Per Unit, $232 PSF and 11.67 times Gross !! It has been in the family for 51 years, and professionally managed for decades. The location is prime. It's just a few blocks from Kaiser West LA, Culver City Arts District, HBO, Apple, Amazon Studios, etc. The unit mix is ideal with (3) 2BR/1BA, and (6) 1BR/1BA. Two of the units will be delivered vacant and there is over 50% upside on potential rent. The building has been well maintained. A brand new electrical service panel was installed last year with permits, and EQ retrofit has been completed. There are 9 parking spaces and secure entry for the tenants safety and convenience. The property is being sold in conjunction with 2038 Holt St., and be purchased together or separately. Don't miss this one!

2314 S Corning St 12.0 LA


CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.