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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:$3,925,000 Price/Unit:$392,500.00 Cap Rate:4.19 % GRM:17.09

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:
Prime Westside location offered at a 4.19 CAP!!! 10-unit building located in close proximity to Culver City's vibrant and hip downtown District featuring historic buildings, boutiques, theaters, galleries, restaurants, Farmer's Market & the new Expo-Line. An amazing location that lends to a young demographic of tenants & easily rentable units. The Very well maintained & improved property featuring 10 units. Several units have undergone extensive renovation. All 10 units have laminate wood floors throughout, light & bright, featuring high ceilings with planked wood on 2nd floor. Each unit is very large and oversized. Various units have received updates such as stainless steel appliances, granite counters and fixtures. The building comprises of 2 stories, 12 parking spaces, & storage lockers in parking area. The building features (4) 2 bedroom + 2 bath units & (6) 1 bedroom + 1 bath units with 8,716 sq. ft. of rentable area on a 8,105 lot. Located within the Beverly Hills/Culver City/Cheviot Hills-adjacent market. Situated just a few blocks from downtown Culver City with the new expo-line, and blocks from the Pico/Robertson neighborhood.
North of National Blvd & Robertson Blvd.

Coldwell Banker Commercial NRT
Danny Mahelka
(310) 273-3113

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