$3,550,000
For Sale

3651 Mclaughlin Avenue

Los Angeles, CA 90066
7414 sqft | 15 beds | 0.17 acres | #25522613
Listing OfficeKidder Mathews of California, Inc.
Browse 12 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

3651 McLaughlin Ave presents a rare opportunity to acquire a ten-unit multifamily property in the highly desirable West Los Angeles submarket of Mar Vista, adjacent to Venice and Culver City. Situated in one of the most sought-after rental markets, the property benefits from its proximity to a diverse array of shopping, dining, and entertainment options. Positioned on a 7,388 SF lot, the building offers 7,414 SF of rentable space, consisting of five (5) two-bedroom, one-and-a-half-bath units and five (5) one-bedroom, one-bath units. This rarely traded asset provides investors with significant value-add potential, featuring over 25% rental upside and ADU development opportunities in the existing tuck-under parking. This offering represents a compelling investment for a savvy investor seeking to capitalize on the strong demand and future growth of one of Los Angeles' premier rental markets.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$3,550,000
      • MLS #25522613
      • MLS #25522613
      • Cost3550000
      • Acres0.1697
      • Square Feet7414
      • Year Built1961
      • Bedrooms15
      • Stories2

Location

Gary ElminoufiReal Estate Group
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