Located in Los Angeles' desirable Mid-City neighborhood, this striking 1940 Art Deco complex blends timeless architectural character with strong income potential! Spanning 4,410 square feet, this 5-unit structure sits on a generous 7,501 square foot lot. The mix includes one impressive 4-bedroom, 2-bath residence, one 3-bedroom, 2-bath unit, and 3 one-bedroom, one-bath apartments, all currently occupied. One of the upper-level units features an expansive rooftop deck overlooking the serene, tree-lined street, offering a rare and appealing outdoor retreat. Rear parking accommodates up to five vehicles, adding everyday convenience for tenants. Ideally positioned near Venice Boulevard with easy access to the I-10 freeway, the property is close to shopping, major studios, Culver City, and a variety of well-known restaurants. Just minutes away are iconic destinations in Santa Monica, Marina del Rey, Beverly Hills, and West Hollywood, providing endless options for entertainment, culture, coastal leisure, and lifestyle amenities. Come see how this addition to your portfolio could be a profitable investment!
*** We are now under contract. The overbid amount is $798,500. You are welcome to continue to show the property per MLS instructions. Once we have the date, time and location of the court confirmation/overbid we will update the MLS. And you will be able to come to court and ovebid. *** UNIT 2631 does not pay rent and this will continue for the entire life of the senior occupant. Said tenancy is a condition of sale, and said rights run with the property for the duration of the occupant's life *** Rents provided are current rents being paid; 3% rent increases are scheduled to be effective on 02/12/26 for all units except 2631 since this unit doesn't pay rent. All units are occupied. Do not disturb occupants. Property to be delivered fully occupied. Landlord pays water, sewer and trash expenses. Tenants pay electricity and gas expenses. *** To request a showing, upload pre-approval and POF to https://BrokerMinded.com/showings and complete and submit the form. We will then provide you with a date/time for a showing. The offer submission deadline is Wednesday, January 28th at 10:00 AM. No offers will be considered prior to the deadline. To submit an offer, upload the complete package to https://BrokerMinded.com/offers and complete and submit the form. Include C.A.R. Forms RIPA, PAPA, BRBC, BFPI, and POF, and pre-approval with your offer. No request for repairs will be considered, and no credits will be given. This probate sale requires court confirmation.