4080 REDWOOD AVE

Estimated Monthly Payment: $50,139/mo 4080 REDWOOD AVE, Los Angeles, CA 90066 MLS# 18344456 Residential Income Listing Status: Active
37
29
17,088 sqft
95
81
0
5

REMARKS:

Price reduced. 3 Contiguous lots being offered with 29 units combined as a development opportunity in prime Silicon Beach and Del Rey art district. 23, 846 sq ft combined lot size situated in the midst of some of the largest developments underway in Los Angeles. Potential to build a large apartment complex or condo's in one of the most sought-after area's close to Playa Vista, Marina Del Rey and Venice Beach. This asset is currently comprised of 29 unit rental property with a mix of 7 studios, 8 (1+1) 13 (2+1) and 1 x 3 bd unit and 34 parking spaces. Rent raises are due in November and a current total GI of $504, 564 annually still making this a financeable property in its current use. Historically a low vacancy area with high demand for rental units. Google, Snapchat, Yahoo, and Tesla to name a few of the surrounding companies calling Silicon beach their home along with new developments underway with movie theaters, world class Restaurants and shopping within walking distance.

OVERVIEW:

18-344456:CLAW
Residential Income
Active
Palms - Mar Vista
1958
17088
Underground
34
Wall Heater
Wall or Window Units, Ceiling Fan(s)
2-4 Lots

FEATURES:

Carbon Monoxide Detector(s), Smoke Detector
Dishwasher
Range Hood, Range
No View

ROOM INFO:

Other
37
29
29
Community

ROOM SIZES:

Laundry Room
Community

FINANCIAL:

$10,995,000
$2,204
$35,088
$9,325
$504,564

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of James Allan - Coldwell Banker Residential Brokerage

 

01369850 

 

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CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). 

 

Data last updated: 08/19/2018