12441 Gilmore Ave Apt: 4
LOS ANGELES, CA 90066

Property

Ownership: For Sale
Bedrooms: 10 BR
Bathrooms: 7
Area: 4799 sq ft
Lot Size: 0.1 Acres

Financials

Price:$1,725,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of KW Commercial Studio City

12441 Gilmore Ave 10BR La

Description

12441 Gilmore Avenue is a well-maintained four-unit multifamily property ideally positioned in Del Rey, at the convergence of Mar Vista, Culver City, Marina del Rey and Venice. The property features a compelling unit mix of three spacious 3-bedroom/2-bathroom residences and one studio, complemented by seven parking spaces. Three of the four units were extensively renovated in 2022 with updated kitchens and bathrooms, stylish flooring, new windows and contemporary finishes. Significant capital improvements include a completed soft-story seismic retrofit, upgraded electrical subpanels, in-unit laundry installations, replacement windows and new steel guardrails/handrails.The location is further supported by the exceptionally strong surrounding residential market, with 90066 characterized by high home values and price-per-square-foot metrics. Combined with convenient access to Mar Vista, Culver City, Playa Vista, Marina del Rey, Venice and the beach, 12441 Gilmore offers investors a rare opportunity to acquire a substantially improved four-unit asset in one of Los Angeles' most desirable Westside rental markets. The central Westside location provides residents convenient access to some of Los Angeles' most desirable coastal neighborhoods, major employment centers, dining and retail corridors, while remaining just minutes from the beach. The property is approximately 0.6 miles from access to the Ballona Creek Trail, with Marina del Rey and Venice immediately to the west and nearby beaches approximately 34 miles away.

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.