2725 La Brea Avenue, Los Angeles, CA

$6,990,000

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0.37

Acres

About 2725 La Brea Avenue

THIS IS THE ONE: NEWLY BUILT (2022) -NO RENT CONTROL, fully stabilized 10-UNITS located at 2725-2801 S La Brea Ave! Situated on a combined 15,999 square foot parcel with sufficient parking and common shared exterior space, this property offers the best amenities for all co-living arrangements. The combined 15,860 living SQ FT makes this a sound investment to purchase a new construction property under $450 per square foot and/or $699K per unit. This unique property is located just minutes away from the rapidly changing Jefferson Boulevard strip within the desirable West Adams neighborhood, this sought-after location offers convenient access to fresh new eateries, employment centers and retail. Amazon Studios, Apple, Warner Media and Sony all occupy space in neighboring Culver City This influx has caused many tech and media companies to relocate into West Adams which in turn is experiencing tremendous growth fueled by significant development activity and a growing roster of retail & office tenants. This location is less than 2 miles away from Cumulus, which has over 100,000 square feet of retail anchored by Whole Foods. The surrounding area continues to experience gentrification, making West Adams a compelling value-proposition for tenants who are getting priced out of neighboring submarkets. West Adams is poised for employment and rent growth, making 2725 S. La Brea Ave an attractive opportunity for a long-term sustainable investment-make this your 1031 exchange-call today! Please do not disturb the residents!

Features of 2725 La Brea Avenue

MLS® # MB24164906
Price $6,990,000
Bathrooms 0.00
Acres 0.37
Year Built 2022
Type Residential Income
Sub-Type Townhouse
Style Contemporary
Status Active

Community Information

Address 2725 La Brea Avenue
Area C16 - Mid Los Angeles
Community Type Townhouse
City Los Angeles
County Los Angeles
State CA
Zip Code 90016

Listing Map

Amenities

Parking Spaces 22
Parking Assigned, Controlled Entrance, Direct Access, Driveway, Garage
# of Garages 12
Garages Assigned, Controlled Entrance, Direct Access, Driveway, Garage
View City Lights, Neighborhood
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Laminate
Heating Central
Cooling Central Air
Has Basement No
Fireplace Yes
Fireplaces None
# of Stories 3
Stories Three Or More

Exterior

Roof Flat
Foundation Slab

Additional Information

Date Listed August 9th, 2024
Days on Market 16
Zoning LARD2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentXio Sandoval
OfficeCENTURY 21 REALTY MASTERS

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