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3705 Greenfield Ave Los Angeles, CA 90034
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Key Details
Sold Price $1,960,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,080 sqft
Price per Sqft $480
MLS Listing ID 21-107145
Sold Date 01/04/22
Bedrooms 10
Year Built 1965
Lot Size 4,935 Sqft
Acres 0.1133
Property Sub-Type Multi-Family
Property Description
Greenfield Court is a 4 unit multifamily asset well located in the trendy and thriving Westside neighborhood of Palms. The complex is made up of an ideal unit mix of 1 (1+1) & 3 (3+2) apartment homes. This corner lot, two-story walk-up style complex has been well maintained and is situated just South of Palms Blvd and North of Venice Blvd. No soft-story retrofit is required and all tenants are paying with no deferred rent. Currently, rents are below market and 2 of the units have been completely renovated. This property has strong in-going fundamentals and new ownership can focus on adding value through both exterior and minor interior renovation. This apartment cash flows day one and is an incredible opportunity to invest.
Location
State CA
County Los Angeles
Area Palms - Mar Vista
Zoning LARD2
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment Refrigerator, Range/Oven, Dishwasher, Garbage Disposal
Exterior
Parking Features Driveway, Converted Garage, Carport
Garage Spaces 6.0
Building
Story 2
Others
Special Listing Condition Standard
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Bought with NAI Capital, Inc.
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