10603 Palms Boulevard

Palms, CA 90034

$2,360,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1915

calendar_month Built

Property Description

HUGE PRICE IMPROVEMENT!! Ocean Palisades Property is proud to present an exceptional investment opportunity in the heart of West Los Angeles boasting an impressive cap rate of 4.48%. This property offers a rare chance for owner-users to capitalize on its advantageous features, including a separate house within the premises. Extensive remodeling has been undertaken, resulting in a meticulously updated property that is sure to impress. Comprising the main residence, a 3-bedroom, 1-bath house, with the added bonus of a non-conforming bedroom along with a separate structure housing four units, each consisting of 2 bedrooms and 1.5 bathrooms. The units have been thoughtfully equipped with amenities, including window air conditioning, individual hot water heaters, new windows, and stylishly designed kitchens featuring new cabinets, quartz countertops, and mosaic backsplashes. Additionally, the units showcase the allure of new hardwood/laminate floors, stackable washer dryers, energy-efficient stainless steel appliances, and private patios. These lavish units also boast elegantly tiled bathrooms, exceptionally spacious closets, and the convenience of 10 parking spaces, further enhancing their desirability. This prime property in West Los Angeles offers an impressive cap rate alongside an opportunity for owner-users to capitalize on its alluring features. ADU opportunity!!

Listing Information

Close Price $2,360,000
Close Date Wednesday, May 1st, 2024
Status Closed
MLS SB23022201
Type Residential Income
Subtype Mixed Use
Year Built 1915
Lot Size 8,658
Structure Size N/A
DOM 180
Courtesy Of Ocean Palisades Realty, Inc.
Listing Agent Yoko Shishido DRE#02065879

Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Yoko Shishido, Ocean Palisades Realty, Inc. 310-378-8545. *Based on information from the Association of REALTORS/Multiple Listing as of May 1st, 2024 at 7:39 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.