Address
1546 Camden Avenue, Los Angeles, CA
Price
$ 5,300,000
Property Attributes
- MLS#23312356
- TypeIncome
- CountyLOS ANGELES
- CityLos Angeles
- AreaWestwood - Century City
- Zip90025
- Style
- Price$ 5,300,000
- Bedrooms18
- Full Bathrooms17
- Half Bathrooms0
- Sqr Footage10780
- Lot Size6,788 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description
We are pleased to present for sale 1546 Camden Avenue, an 8 unit property ideally located in the heart of LA's vibrant Westside. The building was built in 1987, and as such, is NOT subject to the City of Los Angeles Rent Stabilization Ordinance (AB 1482 applies). The property consists of one building with three floors of residential units over one level of gated parking (exempt from seismic soft story retrofit). The ideal unit mix consists of (1) 3-bedroom, 2-bath unit, (1) 3-bedroom,2-bath unit, and (6) 2-bedroom, 2-bath units. Many interiors have been finished with beautiful wood flooring, modern cabinetry, and upgraded kitchens and bathrooms. The building offers its residents a secure intercom entry, balconies, fireplaces, beautiful landscaping, an on-site laundry room, and ample gated parking (8 tandem spaces for a total of 16 spots). Each unit has a fireplace, central HV/AC, large bedrooms, and a dynamite floor plan flooded with natural light. In close proximity to some of the best high-end dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.
| Price History | |
|---|---|
| 9/18/2023 | Listed $5,300,000 |
General Features
| Cap Rate | 4.33 |
|---|---|
| City | Los Angeles |
| Cooling | Central Air |
| County | Los Angeles |
| Directions | On the corner of Camden Avenue and Massachusetts Avenue |
| Gross Income | 338172 |
| Heating | Central |
| Levels | One |
| Listing Agent | Jonathan Taksa - BRE#01366169 |
| Listing Agent State License | 01366169 |
| Lot Size Square Feet | 6788 |
| MLS Area | C05 - Westwood - Century City |
| Net Operating Income | 229721 |
| Property Type | Residential Income |
| Senior Community Y/N | No |
| Special Listing Conditions | Standard |
| Standard Status | Active |
| Status | Active |
| Stories | 1 |
| Street Name | Camden |
| Total Units | 8 |
| Year Built | 1987 |
| Zoning | LAR3 |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Heating Y/N | Yes |
| Street Suffix | Avenue |
| Total Baths | 17 |
| Total Bedrooms | 18 |
| Total Stories | 3 |
Exterior Features
| Buyer Agent Compensation | 1.500 |
|---|---|
| Buyer Agent Compensation Type | % |
| Living Area | 10780 |
| Building Area Total | 10780 |
| Lot Size Acres | 0.1558 |
| Lot Size Area | 6788 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
| Parking Features | Assigned |
| Total Parking | 16 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Income Average in 90025
Price
Visits
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of October 1, 2023 3:18 AM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
