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2470 Purdue Avenue

Los Angeles (City), CA 90064
  • $2,495,000
  • STATUS: Active
  • ON SITE: 183 Days
  • ID#: SR24146023
UPDATED: 191 min ago
$2,495,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Julia Lombardi Spurlin of Pinnacle Estate Properties, Inc. (661-705-3200) and Brad Wiseman of ()


Description

Prime investment opportunity in an excellent West Los Angeles neighborhood. Close to the 405 freeway, shopping, restaurants and only minutes to downtown or Santa Monica beaches. 4 of the 8 units are vacant and ready for new market rate tenancies. The building has been retrofitted according to the owner. Some of the units have been remodeled and show well. This rare and seasoned investment affords the new owner with great upside potential. Competitively priced, this is a very attractive investment opportunity.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-17T00:30:05.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/152708091
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2470 Purdue Avenue Los Angeles (City), CA 90064

  • Price: $2,495,000
  • Status: Active
  • On Site: 183 Days
  • Updated: 191 min ago
  • ID#: SR24146023
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1963
Built
Neighborhood:
WLA - West Los Angeles
County:
Los Angeles
Area:
WLA - West Los Angeles
Property Description
Prime investment opportunity in an excellent West Los Angeles neighborhood. Close to the 405 freeway, shopping, restaurants and only minutes to downtown or Santa Monica beaches. 4 of the 8 units are vacant and ready for new market rate tenancies. The building has been retrofitted according to the owner. Some of the units have been remodeled and show well. This rare and seasoned investment affords the new owner with great upside potential. Competitively priced, this is a very attractive investment opportunity.
Exterior Features

Entry Level 1 Lot Features 0-1 Unit/Acre

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 4.06 Common Interest None Current Financing None Gross Scheduled Income 179196 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Terms CashCash to New LoanConventionalSubmit Number Of Units Leased 6 Operating Expense 60575 Property Sub Type Multi Family Special Listing Conditions Standard Tax Year 2023 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-17T00:30:05.24. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Julia Lombardi Spurlin of Pinnacle Estate Properties, Inc. (661-705-3200) and Brad Wiseman of ()