Description
BEST IN CLASS Renovations Completed in 2023 - Rare & Exceptionally Upgraded Multifamily Opportunity being offered for Sale following a major and significant renovation in 4 of 6 units and Much of the Common Areas. Built in 1964 and renovated/upgraded in 2022 & 2023, the property features a total building square footage for 6 Units of +/-6,820.FOUR of SIX UNITS (#2, 3, 5 and 6) feature Condo Quality, Spacious, Modern and Fully Renovated apartment homes with ALL-NEW central heat & air conditioning, in-unit washer/dryer, full size closets and very large square footages. Condo-level interior finishes include open floor plans with wood floors, custom tile, designer kitchen cabinetry, quartz stone countertops and stainless-steel appliances. Other features include larger than market room sizes, walk-in closets, ceiling fans, recessed lighting, plenty of natural light, ceiling fans and spacious balcony(s). The estimated cost of all renovation and upgrades total +/- $700,000. OUTSTANDING UNIT COMPOSITION - Two (2) Two-bedroom | Two-bathroom apartments, One (1) One-bedroom | One-bathroom unit and Three (3) Three-bedroom | Three-bathroom apartment homes.EXTERIOR & BUILDING SYSTEMS UPGRADES - Soft-Story Retrofit completed, new exterior color palette, gated entry, drought-tolerant landscaping, new electrical service panels and new plumbing in renovated units.CENTERED IN A PREMIER LOCATION Tons of Vibrant and Popular Venues within Blocks. Situated in one LA's best neighborhoods and within 2 blocks of either Melrose or Fairfax Avenues. Short distances away you'll find The Grove, Numerous Cafes and restaurants on Santa Monica Blvd. Fairfax Avenue away (+/- 10 minute walk)NEIGHBORHOOD VALUES - $2,970,000 Median Sale Price for Single Family Homes.
Location
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Listing Agent: Rich Johns
Listing Office: KW Commercial Studio City
Attribution contact: 818-432-1500
