3743 Mclaughlin AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90066
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,380 sqft
Price per Sqft $487
MLS Listing ID 25570241
Year Built 1961
Lot Size 9,043 Sqft
Property Description
Keller Williams Realty and Everyday Real Estate Inc. are pleased to offer this exceptional investment opportunity. 3743 Mclaughlin Ave is a 12-unit, 7380 square foot multifamily property zoned LAR3 and located near the border of Mar Vista and Culver City. Built in 1961, this classic building offers a favorable unit mix of four 0+1, four 1+1, three 2+1, one 2+1.5. Five of the units are fully furnished and operating on month-to-month leases and can be delivered vacant (one 0+1, two 1+1, two 2+1). ADU plans, which satisfy the retrofit requirement, and permits are included (owner spent $76.8K). These two new units (1+1 in the front, and 2+1 in the back) are projected to increase revenue by $56K per year and will satisfy the retrofit requirement. Permits have been filed but no work has commenced. Property is master metered for water, has 13 parking spaces and laundry room onsite with leased washer and dryer.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning LAR3
Interior
Cooling Wall/Window Unit(s)
Laundry Common Area,In Carport
Exterior
Parking Features Carport
Pool None
Roof Type Composition
Building
Foundation Slab
New Construction No
Others
Special Listing Condition Standard