$2,250,000, 5 Beds 4 Baths
About This Property
Two single family homes on a 7,762sf lot in West Los Angeles off Santa Monica Blvd adjacent to commercial office building. 1465 house is 2BR/1BA and is leased at $3,300/mo; 1463 house is 3BR/3BA + 2 offices and is occupied by owner with lease back for 4 months at $4,000/mo. The lot can be redeveloped with 5 market rate apartment units or condos. This is a rare opportunity to purchase an income producing property in West LA with great potential for redevelopment and appreciation. Buyer can generate 2.5% cap rate while applying for permits.
The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listing information last updated on June 19th, 2019 at 4:01pm PDT.