2404 Via Campesina - Apartments FOR SALE


Palos Verdes Estates, CA 90274
$7,500,000 USD
562-225-9260
2404 Via Campesina, Palos Verdes Estates, CA for Sale
$7,500,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

2404 Via Campesina
Palos Verdes Estates, CA 90274


OVERVIEW

Pride of Ownership is what you will find with this beautiful 8-unit income property that is located in one of the most prestigious neighborhoods in LA, Malaga Cove, in the heart of Palos Verdes Estates! Income properties like these rarely come on the market (only 26 multi-family properties are available in Palos Verdes) and even more rare is finding one in this completely remodeled condition and location! The property is adjacent to the Malaga Cove Library and steps away from the Malaga Cove Plaza and the beach. This beautiful coastal community is an upscale area that overlooks the ocean reminiscent of the South of France. You will find stunning multi-million dollar homes on the peninsula, a highly rated school district and an enclave that attracts celebrities to live and play in this beautiful community! 2404 and 2412 Via Campesina are made up of two 4-unit properties being sold together as one. They consist of eight 1 Bedroom 1 Bath units with upside in rents with a total rentable living area of 6,278 sq ft on a massive combined 14,406 sq ft lot. Current ownership has invested over a half a million dollars into the property since purchased and has made it a pride of the cove. As we have seen, opportunities to own a trophy property like this don’t come around every day!

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$1,195 USD /SF

# OF UNITS

8

PRICE/UNIT

$937,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1954

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

PVRM

APN/PARCEL ID

7539-022-016,7539-022-017

ASK ABOUT THIS PROPERTY

Gulshen KaurRPM Commercial Real EstateMore Info
562-225-9260

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Gulshen KaurRPM Commercial Real EstateMore Info
562-225-9260

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.