2511 Purdue Ave - Multi-Family FOR SALE


Los Angeles, CA 90064- West Los Angeles
$2,196,000 USD
424-279-3070
2511 Purdue Ave, Los Angeles, CA for Sale
$2,196,000 USD
Multi-Family - FOR SALE
1/34
null | 4.46% Cap Rate

2511 Purdue Ave
Los Angeles, CA 90064
West Los Angeles


HIGHLIGHTS

  • Both units at market rent
  • Rear unit (2509) is new construction

OVERVIEW

Two Homes on One Lot! Nestled in a peaceful cul-de-sac, this unique property presents the perfect investment opportunity, offering two beautifully designed homes with modern amenities and thoughtful touches throughout. Together, these homes generate an impressive $10,550 per month, with tenants paying all utilities. The front unit, 2511, is a 1,402 sq. ft. home with three bedrooms and two bathrooms, currently bringing in $6,350/month in rental income. It seamlessly blends contemporary updates with comfort. The beautifully landscaped front and backyards create a welcoming atmosphere, while the interior features luxury plank flooring, recessed lighting, an electric fireplace, and abundant natural light. The rear unit, 2509, is a brand-new 2024 two-story 1,194 sq. ft. townhome ADU, currently rented at $4,200/month. This modern residence is designed with style and functionality in mind, featuring luxury plank flooring, recessed lighting, skylights, and double-pane windows that flood the space with natural light. The kitchen showcases Quartz countertops, a breakfast bar, stainless steel appliances, and elegant lighting. The primary suite boasts a spacious customized closet, a private balcony, and a boutique hotel-inspired bathroom. Like the front home, it is equipped with central air conditioning and heating, managed by a Nest thermostat. Conveniently located near the vibrant dining and shopping destinations of Sawtelle Japantown, with easy access to the 405 and 10 freeways, Westwood, Culver City, and Santa Monica, this property is a rare gem in West LA.

FOR SALE DETAILS

PRICE

$2,196,000 USD

PRICE/SF

$846 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,098,000

CAP RATE

4.46%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2511 & 2509 Purdue Ave

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

LAR1

APN/PARCEL ID

4260-041-018

ASK ABOUT THIS PROPERTY

Isaac GolbergRodeo Realty IncMore Info
424-279-3070

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Isaac GolbergRodeo Realty IncMore Info
424-279-3070

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