1975 S Corning Street

Los Angeles, CA 90034

$5,499,000

List Price

26

bed Beds

21

shower Baths

12,816 sqft

straighten / sqft

1963

calendar_month Built

Property Description

Classic 60's courtyard building with garden-style, walk-up units, that are prevalent in The Westside. Just North of the 10 Freeway and a few blocks West of La Cienega, the property is located in La Cienega Heights, neighboring Palms - one of The Westside's most robust rental submarkets. A tried-and-true investment option with easy access to jobs, dining and retail in Beverly Hills, Culver City and Hollywood. Highly "walkable" just 2 blocks from a large retail center, anchored by Target, LA Fitness & CVS. Through organic turnover or "cash for keys", a Buyer can expect healthy rent increases and a proforma cap rate of 6%.

Listing Information

List Price $5,499,000
Status Active
MLS 24378401
Type Residential Income
Year Built 1963
Lot Size 12,612
Structure Size 12,816
DOM 134
Courtesy Of CBRE, Inc.
Listing Agent Brice Head DRE#01330706

Interior Features

Total Bedroom
Bedrooms 26
Total Bathroom
Bathrooms 21
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Brice Head, CBRE, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 10th, 2024 at 5:58 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.