2725 La Brea Avenue, Los Angeles, CA 90016
  • MLS#: MB24164906 ( Townhouse )
  • Street Address: 2725 La Brea Avenue
  • Viewed: 1
  • Price: $6,990,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2022
  • Bldg sqft: 0
  • Days On Market: 98
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90016
  • Provided by: CENTURY 21 REALTY MASTERS
  • Contact: XIO XIO
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    THIS IS THE ONE: NEWLY BUILT (2022) NO RENT CONTROL, fully stabilized 10 UNITS located at 2725 2801 S La Brea Ave! Situated on a combined 15,999 square foot parcel with sufficient parking and common shared exterior space, this property offers the best amenities for all co living arrangements. The combined 15,860 living SQ FT makes this a sound investment to purchase a new construction property under $450 per square foot and/or $699K per unit. This unique property is located just minutes away from the rapidly changing Jefferson Boulevard strip within the desirable West Adams neighborhood, this sought after location offers convenient access to fresh new eateries, employment centers and retail. Amazon Studios, Apple, Warner Media and Sony all occupy space in neighboring Culver City This influx has caused many tech and media companies to relocate into West Adams which in turn is experiencing tremendous growth fueled by significant development activity and a growing roster of retail & office tenants. This location is less than 2 miles away from Cumulus, which has over 100,000 square feet of retail anchored by Whole Foods. The surrounding area continues to experience gentrification, making West Adams a compelling value proposition for tenants who are getting priced out of neighboring submarkets. West Adams is poised for employment and rent growth, making 2725 S. La Brea Ave an attractive opportunity for a long term sustainable investment make this your 1031 exchange call today! Please do not disturb the residents!
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Features
Additional Parcels Description
  1. 5049012035
Architectural Style
  1. Contemporary
Assessments
  1. Buyer to Verify
  2. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 15860.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 19
Entry Location
  1. ground level
Fencing
  1. Privacy
  2. Security
Fireplace Features
  1. None
Flooring
  1. Laminate
Foundation Details
  1. Slab
Garage Spaces
  1. 12.00
Gardner Expense
  1. 2400.00
Heating
  1. Central
Inclusions
  1. All existing appliances.
Insurance Expense
  1. 6000.00
Laundry Features
  1. Individual Room
Levels
  1. Three Or More
Lockboxtype
  1. None
Lot Features
  1. Lot 10000-19999 Sqft
Netoperatingincome
  1. 0.00
Number Of Separate Electric Meters
  1. 10
Number Of Separate Gas Meters
  1. 10
Number Of Separate Water Meters
  1. 10
Number With Dishwasher
  1. 10
Number With Disposal
  1. 10
Number With Range
  1. 10
Number Wit Hrefrigerator
  1. 10
Parcel Number
  1. 5049012034
Parking Features
  1. Assigned
  2. Controlled Entrance
  3. Direct Garage Access
  4. Driveway
Pest Control Expense
  1. 400.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 12000.00
Property Type
  1. Townhouse
Property Condition
  1. Turnkey
Roof
  1. Flat
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 420766492:CRM
Spa Features
  1. None
Tenant Pays
  1. All Utilities
Totalactualrent
  1. 36175.00
Totalexpenses
  1. 20800.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 10.00
View
  1. City Lights
  2. Neighborhood
Water Source
  1. Private
Year Built
  1. 2022
Year Built Source
  1. Assessor
Zoning
  1. LARD2