2009 Preuss Road

    Los Angeles (City), CA 90034
    • $3,975,000
    • STATUS: Active
    • ON SITE: 18 days
    • ID#: 18310268
    $3,975,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,912
      SQFT
    • $446
      $/SQFT
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    We are pleased to present 2009 Preuss Road, an 11-unit investment opportunity located on Preuss Road in the Beverlywood neighborhood (90034), within the West Los Angeles submarket.The property offers investors a unique and rare opportunity to acquire an investment property in one of LA's best rental markets with historically low vacancy and excellent long term appreciation.The unit composition consists of One (1) Single, Seven (7) One Bedroom and One Bath units and Three (3) Two Bedroom and One and Half Bath units. Eight (8) of Eleven (11) units have been extensively renovated and include in-unit washer / dryers. All utilities are separately metered for gas & electrical services. *The asset, built in 1957 is 8,912 SF sits on a 8,685 parcel of land. It features prominent street frontage, high visibility and parking for 12 vehicles. The property will be delivered with two units vacant. **Please contact us for a full marketing package**

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-24T00:28:07.193. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.themarellygroup.com/homes/80534119

    2009 Preuss Road Los Angeles (City), CA 90034

    • Price: $3,975,000
    • Status: Active
    • ID#: 18310268
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    8,912
    SQFT
    $446
    $/SQFT
    1957
    Built
    Neighborhood:
    C09 - Beverlywood Vicinity
    County:
    Los Angeles
    Area:
    C09 - Beverlywood Vicinity
    Property Description
    We are pleased to present 2009 Preuss Road, an 11-unit investment opportunity located on Preuss Road in the Beverlywood neighborhood (90034), within the West Los Angeles submarket.The property offers investors a unique and rare opportunity to acquire an investment property in one of LA's best rental markets with historically low vacancy and excellent long term appreciation.The unit composition consists of One (1) Single, Seven (7) One Bedroom and One Bath units and Three (3) Two Bedroom and One and Half Bath units. Eight (8) of Eleven (11) units have been extensively renovated and include in-unit washer / dryers. All utilities are separately metered for gas & electrical services. *The asset, built in 1957 is 8,912 SF sits on a 8,685 parcel of land. It features prominent street frontage, high visibility and parking for 12 vehicles. The property will be delivered with two units vacant. **Please contact us for a full marketing package**
    Exterior Features

    Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Appliances Dishwasher Appliances YN Yes Laundry Features Washer IncludedDryer Included

    Property Features

    Gross Multiplier 16.20 Gross Operating Income 245537.00 Improvements Amount 1061443 Land Value 1035555 Laundry YN Yes Net Operating Income 160366.00 Special Listing Conditions Standard Total Expenses 80261.00 Zoning Lard1.5

    Listing provided courtesy of Adam Zunder of Keller Williams Studio City and Rich Johns of Kw Commercial Studio City.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-02-24T00:28:07.193. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    The Marelly Group | Realty One Group
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003