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3200 Bagley Avenue, Los Angeles, CA

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3200 Bagley Avenue

Los Angeles, CA 90034-2937 - Cheviot Hills MF Submarket

Property Type:Multi-Family Number of Units:10 Status:Existing Year Built:1966
Stories:2 Building Size:8,716 SF Land Area:.18 AC (8,015 SF)
For Sale Price:$3,850,000 Price/Unit:$385,000.00 Cap Rate:4.50 % GRM:16.30

Parking:.1 Parking Spaces / 1,000 SF

4/00: 3200 Bagley LLC, represented in-house, purchased the building. CB Richard Ellis represented the seller, Suzanne Lampart Trust. Reference Comps #LWA-46496-05-0020 for more information.

This multi-family building is in a quiet setting. It features great curb appeal, truck-under parking, large two bedrooms, and it is individually metered.

Sale Notes:
The Bagley Avenue Apartments offers investors an excellent opportunity to own a fully stabilized asset in prime Downtown Culver City adjacent location. The property is comprised of four (2 bedroom + 2 bath) units and six (1 bedroom + 1 bath) units. Each unit is over sized and features engineered hardwood floors, stainless steel appliances and granite counter tops. 4.8% CURRENT RETURN ON DOWN PAYMENT WITH EXISTING RENTS, 5.7% WITH MARKET RENTS. PRESENT ALL OFFERS.

Keller Williams Commercial Santa Monica
Kimberly Stepp
(310) 702-0400

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