$6,681,000
$7,300,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
36 Beds
19 Baths
17,849 SqFt
SOLD DATE : 06/14/2024
Key Details
Sold Price $6,681,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 17,849 sqft
Price per Sqft $374
MLS Listing ID 24374973
Sold Date 06/14/24
Bedrooms 36
HOA Y/N No
Year Built 1956
Lot Size 0.509 Acres
Property Description
We are pleased to present a prestigious opportunity to acquire a true pride of ownership property in one of the best rental locations in prime West Los Angeles. 3355 Manning Avenue, known as Cheviot Lanai, has been lovingly cared for, operated and managed by the same family since it was built by them in 1956. The beautiful open courtyard property boasts an ideal unit mix consisting of all large 1, 2, and 3-bedroom units. Each of the units is extremely spacious, has a terrific floor plan, and offers an abundance of natural light. The property is an ideal mid-century gem situated on nearly a half acre of land zoned R3. Units feature hardwood floors (select units), spacious kitchens/bedrooms/bathrooms, large balconies, and an in-unit washer and dryer (select units). The units that do not have a washer and dryer have laundry hookups for them (except the 1-bedroom unit). Other property features include a well landscaped courtyard with a large sparkling pool, copper plumbing, intercom entrance, a pitched roof, and ample on-site parking. All soft story retrofit work has been completed by ownership. Close to some of the Westside's best dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best pockets of the Westside.
Location
State CA
County Los Angeles
Area C08 - Cheviot Hills/Rancho Park
Zoning LAR3
Interior
Heating Forced Air, Natural Gas
Flooring Wood
Fireplace No
Appliance Gas Cooktop, Disposal, Gas Oven, Refrigerator
Exterior
Parking Features Assigned, Covered
Total Parking Spaces 29
Building
Story 2
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4316032006
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with OUT OF AREA • OUT OF AREA
GET MORE INFORMATION
Broker Associate | License ID: 02090487