9 UNIT APARTMENT BUILDING
12726 MATTESON AVE | VENICE , CA
PROPERTY INFORMATION:
INVESTMENT HIGHLIGHTS
- Listing price: $3,500,000
- 2 stories exterior corridor entrance to each apt
- Amenities include
- On site laundry room
- Central water heater
- Each unit has metered gas and electric
- Street and alley access
- EACH UNIT
- Built in oven, refrigerator, cooktop
- Bathroom have shower/tubs with exception of one unit
- Beautiful open courtyard provides each unit with natural sunlight
- 8 apt have tile floors throughout
- Right off the Venice Blvd corridor to Santa Monica and Venice Beach
- Perfectly located for access to West Los Angeles and Century City
- Minutes from the 405 freeway, 90 freeway
- Short bike ride to Marina Del Rey
- A short walk or scooter ride to the Culver business and studio district
- Matteson is a Quiet street
GROSS INCOME
- Current Gross Income: $70,260
- Apts 1, 2, 3, 4, 6, 7 vacant – All 1 bedroom/1 bathroom
- Apt 5 – 2 bedroom/1 bathroom rent: $2,420 per month
- Apt 9 – 1 bedroom/1 bathroom rent: $1,080 per month
- Apt 8 – 2 bedroom/1 bathroom rent: $2,355 per month
- Pro Forma Gross Income for 2022: $215,000
MORE DETAILS
- Property Address: 12726 Matteson Ave, Los Angeles, CA 90066
- APN: 4236-018-006
- SF Lot: 7,098 SF
- Total Building SF: 6,300 SF
- Units: 9
- Bedroom / Bathrooms in each Unit
- 7 Units
- 1 Bedroom / 1 Bathroom
- 2 Units
- 2 Bedroom / 1 Bathroom
- 7 Units