10603 Palms Boulevard, Palms, CA 90034

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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!!


Interior Features

Laundry Information
Location(s) Washer Hookup, Gas Dryer Hookup
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 10603 Palms Boulevard
City Palms
State CA
Zip 90034
County Los Angeles
Listing Agent Yoko Shishido DRE #02065879
Courtesy Of Ocean Palisades Realty, Inc.
Close Price $2,360,000
Status Closed
Type Residential Income
Subtype Mixed Use
Structure Size N/A
Lot Size 8,658
Year Built 1915

Listing information courtesy of: Yoko Shishido, Ocean Palisades Realty, Inc.. *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.