For Sale Multi-Family MLS# 26103757

2727 S La Brea Avenue

Los Angeles, CA 90016

$6,200,000

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About 2727 S La Brea Avenue

10 Units | 2022 Construction | West Adams Adj. Culver City | 6.9% Actual Cap | 100% Leased. Ten-unit, 2022-built (No Rent Control) West Adams portfolio between Culver City and DTLA 100% leased, 6.9% actual cap rate, $40,743/mo in place. 2 side-by-side lots each with their own APN, 2 driveway aisles, 4 buildings, at 2725, 2727, 2733 & 2801 S. La Brea (approx. 15,860 SF) with a mix of 1, 3, & 4-bedroom units featuring stainless appliances, in-unit washer/dryer, laminate flooring, high ceilings and central HVAC. Near-new construction means low CapEx and a clean, modern rent roll. Located in an Opportunity Zone, NON-rent-controlled, 2 minutes to the 10 with quick access to the 110, 90 and 405, near the Metro E Line, and a short drive to LAX. Surrounded by major investment: Apple's 536,000 SF Culver Crossings campus, Amazon MGM Studios, HBO at Ivy Station, Sony Pictures, Kilroy's Blackwelder creative campus, Carmel Partners' 1,210-unit Cumulus District with Whole Foods, CIM Group's West Adams and Crenshaw mixed-use projects, and the new Costco with 800 apartments in Baldwin Village. Minutes to Downtown Culver City, Baldwin Hills Crenshaw Plaza, SoFi Stadium, and Intuit Dome. Offered at $6.2M combined or $3.1M per building/lot.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
2022
Stories
3
Living area
15,860 sqft
Price / sqft
$391
Lot
0.3673
Original price
$6,200,000
MLS #
26103757

Interior

Features
Open Floorplan, Recessed Lighting
Appliances
Dishwasher, Disposal, Microwave, Dryer, Washer
Flooring
Laminate
Heating
Central
Cooling
Central Air
Laundry
Inside, Laundry Closet
Windows
Double Pane Windows

Exterior & lot

Features
Modern, Rain Gutters, Parking spaces: 20
Construction
Stucco
Lot
LARD2
View
City Lights, Peek-A-Boo
Parking
Assigned, Covered, Door-Single, Electric Gate, Garage
Garage spaces
5

Schools

District
Los Angeles Unified School District

Utilities

Utilities
Sewer Tap Paid, Public
Water
Public
Sewer
Sewer Tap Paid
Security
Carbon Monoxide Detector(s), Fire Detection System, Fire Sprinkler System, Security Gate, Smoke Detector(s)

Financial

Parcel
5049012034
Special conditions
Standard

Location

Area
C16 - Mid Los Angeles
County
Los Angeles
Neighborhood
West Adams
Directions
La Brea Avenue, South of W. Adams Blvd - North of Jefferson Blvd.

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Listed by Cesar Leyva, Beverly & Company Luxury Properties

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.