10809 Palms Blvd
LOS ANGELES, CA 90034

Property

Ownership: For Sale
Bedrooms: 8 BR
Bathrooms: 8
Area: 4599 sq ft
Lot Size: 0.11 Acres

Financials

Price:$2,079,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of CBRE, Inc.

Description

Very well-maintained, very well-located 4-unit investment, in the heart of West LA's Palms submarket. Townhouse-style, 2-story, 2 Bed/1.5Bath units above an on-grade concrete parking structure. Units are almost 900 sq. ft. each. All units have a dedicated, separate, large storage room, as well. On-site laundry facilities and a communal patio area in the rear. Intercom entry and electronically-accessed parking. All units have 2 parking spaces. Roof is newer. An above average rental option that will command a top-of-the-market rent - especially with some updating as units turnover. Long-term, local ownership has not been aggressive, admittedly. Current rents are $2,100-$2,400 each - proforma rents of over $3,000 each could be within reach. 33% unrealized upside. The units' spacious, split layouts are ideal for a work-at-home renter or families.

Amenities

  • Balcony

10809 Palms Blvd 8BR 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.