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