3623 Clarington Ave - Apartments FOR SALE


Los Angeles, CA 90034- West Los Angeles
$1,795,000 USD
310-432-6400
3623 Clarington Ave, Los Angeles, CA for Sale
$1,795,000 USD
Apartments - FOR SALE
1/24
null | 5% Cap Rate

3623 Clarington Ave
Los Angeles, CA 90034
West Los Angeles


OVERVIEW

3623 Clarington Ave is a prime 5-unit apartment building located in the highly desirable Palms neighborhood of West LA. This impressive building consists of five spacious units: One 3 Bed/2 Bath unit, Three 1 Bed/1 Bath units, and one Studio/1 Bath unit. Each unit boasts a spacious floorplan, built in cabinets for ample storage, and stone countertops throughout. Select units have private balconies for added outdoor space. Additional features include an on-site laundry room, covered parking spaces. Property has been retrofitted. This high-cash flow asset is centrally located near major retail, entertainment, tech, and employment hubs in Culver City, Santa Monica, Beverly Hills, and Downtown LA. Showings only with accepted offer only! Buyers to cooperate with Seller's 1031 exchange.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$482 USD /SF

# OF UNITS

5

PRICE/UNIT

$359,000

CAP RATE

5%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,475 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

4313-004-005

ASK ABOUT THIS PROPERTY

Zack GrakalKeller Williams Beverly HillsMore Info
310-432-6400

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Zack GrakalKeller Williams Beverly HillsMore Info
310-432-6400

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