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$ 5,500,000
Est. payment | /mo
5 Beds
4 Baths
$ 5,500,000
Est. payment | /mo
5 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID PV25095628
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
Great price reduction on an exceptional opportunity to own a beautifully maintained gated income property in the heart of Malaga Cove! Just steps to the iconic Malaga Cove Library and charming Malaga Cove Plaza. Wide-open outdoor space with some ocean views. Four of the units have huge private patios with neighborhood and ocean views. Ten units in total, consisting of 6 two-bedroom one baths, 3 one-bedroom one bath, and 1 two-bedroom two bath owners' unit. Each unit has a one-car garage and one car parking space in front of the garage. The property has a good-sized community laundry room. The location is exceptional, with a scenic walking trail to the beach and the Hollywood Riviera. Excellent school district. Whether you choose to keep it as-is or renovate for premium market rents, this property offers strong income potential and excellent long-term upside.
Location
State CA
County Los Angeles
Zoning Assessor
Direction PV Drive West to Via Chico
Interior
Heating Forced Air Unit
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 7539021007
Listed by Lynn Lord Estate Properties
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”