1236 Mcclellan Drive, Los Angeles, CA 90025
Offered at
$3,250,000
Well maintained 9-unit apartment building in a Prime West LA location on the border of Santa Monica and right next to Brentwood. Extremely strong rental demand area with ideal income producing unit mix including (5) 2-bedroom units, (3) 1-bedroom units, and (1) studio unit. Building has undergone seismic retrofitting. Recently passed insurance inspections and units have new subpanels. Most units have undergone light renovations including replacing flooring, modern hardware, and modern light fixtures. Rental upside can be achieved through more substantial renovations to the kitchens and bathrooms. Select units have private outdoor space (balconies/patios). Well parked property. On-site laundry with machines owned by landlord. Professionally managed and cared for property. (1) one bedroom unit to become vacant at end of July and has significant rental upside through renovations.