CA > Los Angeles
Los Angeles, CA 90066,3970 Moore ST
Los Angeles, CA 90066,3970 Moore ST
Los Angeles, CA 90066,3970 Moore ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,350,000
Est. payment /mo
6 Beds
6 Baths
3,380 SqFt
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UPDATED:

10/28/2024 08:10 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,380 sqft

Price per Sqft $695

MLS Listing ID 24457665

Bedrooms 6

HOA Y/N No

Year Built 1986

Lot Size 5,941 Sqft

Property Description

We are pleased to present a rare six-unit investment opportunity at 3970 Moore Street, located in the desirable Mar Vista neighborhood on the westside of Los Angeles. This well-maintained property, built in 1986, features a unique unit mix of all one-bedroom apartments, with five units boasting lofted bedrooms and high ceilings in the living room. The property includes 10 parking spaces and is separately metered for gas and electricity, along with a community laundry room. Not subject to Los Angeles city rent control, this asset provides considerable upside potential with over 25% achievable rent growth as units turn. There is significant value-add potential through interior upgrades, such as vinyl plank flooring, modern fixtures, remodeled kitchens and bathrooms, in-unit washers and dryers, and new cabinetry. Located in a prime area with easy access to retail along Washington Boulevard, this property is ideal for professionals commuting to Playa Vista, El Segundo, Santa Monica, and Culver City. The westside submarket has a consistent track record of rent growth and property appreciation, making this a highly attractive investment for those looking to acquire a non-RSO asset in a dynamic and thriving area. This is the first time this property has been marketed for sale since its construction, offering a unique opportunity for investors.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Exterior

Garage Covered

Total Parking Spaces 10

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4236021019

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Neema Ahadian • Marcus & Millichap

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