Detailed Introduction Of This Home
We are pleased to offer for sale a rare multifamily asset located at 1823 Camden Avenue in the heart of vibrant West Los Angeles. Offered for sale for the first time in over 50 years, the building was built in 1962 and exudes the character and vintage charm of mid-century Los Angeles. Ideally situated on a large R3 zoned lot, the property boasts an ideal unit mix of mostly spacious 1, 2 and 3-bedroom (and an efficiency unit) floor plans flooded by natural light. The incredible unit mix includes (1) 3-bed, 2-bath unit, (2) 2-bed, 2-bath units, (1) 1-bed,1-bath unit, and (1) efficiency unit. This is a fantastic asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking as well as an on-site laundry facility. There is also the opportunity to add ADUs (Buyer to verify).In close proximity to high-end dining, entertainment venues, Century City, and Santa Monica beach, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire prestigious assets in one of the best rental locations in all of Los Angeles. ****** The adjacent property located at 1819 Camden Avenue (4 units for $2,200,000) is also being offered for sale by the same Seller. Properties are available to be purchased separately or as a package. ******