2725 S La Brea Avenue Los Angeles, CA 90016
Listing Courtesy of: CRMLS / Century 21 Realty Masters / Xio Sandoval - Contact:  323-253-5456

  2725 S La Brea Avenue Los Angeles, CA 90016

Active (6 Days)
$6,990,000
15,860
SQFT

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!

MLS #:
MB24164906
Lot Size
0.37 acres
Type
Multifamily
Year Built
2022
Style
Contemporary
Views
Neighborhood, City Lights
County
Los Angeles County

Listed By

Xio Sandoval, DRE #01308913 CA, Century 21 Realty Masters, Contact: 323-253-5456
Source
CRMLS
Last checked Oct 5 2024 at 7:02 AM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Laundry Room
Property Features
  • Foundation: Slab
Heating and Cooling
  • Central
  • Central Air
Flooring
  • Laminate
Exterior Features
  • Roof: Flat
Utility Information
  • Utilities: Water Source: Private
  • Sewer: Public Sewer
Parking
  • Garage
  • Driveway
  • Direct Access
  • Controlled Entrance
  • Assigned
Additional Information: Realty Masters | 323-253-5456
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.