3651 Mclaughlin AVE Active

Los Angeles,CA 90066

$ 3550000

15 Beds

15 Baths

7414 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,414 sqft

Price per Sqft $478

MLS Listing ID 25522613

Bedrooms 15

HOA Y/N No

Year Built 1961

Lot Size 7,392 Sqft

Property Description

3651 McLaughlin Ave presents a rare opportunity to acquire a ten-unit multifamily property in the highly desirable West Los Angeles submarket of Mar Vista, adjacent to Venice and Culver City. Situated in one of the most sought-after rental markets, the property benefits from its proximity to a diverse array of shopping, dining, and entertainment options. Positioned on a 7,388 SF lot, the building offers 7,414 SF of rentable space, consisting of five (5) two-bedroom, one-and-a-half-bath units and five (5) one-bedroom, one-bath units. This rarely traded asset provides investors with significant value-add potential, featuring over 25% rental upside and ADU development opportunities in the existing tuck-under parking. This offering represents a compelling investment for a savvy investor seeking to capitalize on the strong demand and future growth of one of Los Angeles' premier rental markets.

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAR3

Interior

Heating Natural Gas

Fireplace No

Appliance Dryer

Exterior

Parking Features Driveway,Uncovered

Total Parking Spaces 10

Building

Story 2

Entry Level Two,Multi/Split

Level or Stories Two,Multi/Split

New Construction No

Others

Senior Community No

Tax ID 4234014025

Special Listing Condition Standard

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