Los Angeles, CA 90064,2495 Corinth AVE
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Los Angeles, CA 90064,2495 Corinth AVE
Los Angeles, CA 90064,2495 Corinth AVE
Los Angeles, CA 90064,2495 Corinth AVE
Los Angeles, CA 90064,2495 Corinth AVE

$4,260,000

Est. payment /mo

$4,600,000

7.4%
Est.Price: ?

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2495 Corinth AVE Los Angeles, CA 90064

7,405 Sqft Lot

SOLD DATE : 08/02/2023

Key Details

Sold Price $4,260,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC23092003

Sold Date 08/02/23

HOA Y/N No

Year Built 2006

Lot Size 7,405 Sqft

Property Sub-Type Apartment

Property Description

2495 Corinth Avenue is an 8-unit multifamily investment opportunity located in West Los Angeles, CA. 2495 Corinth Avenue offers a desirable mix consisting exclusively of 2 bed / 2.5 bath townhome units. The property features an attractive amenities package including controlled access, hardwood flooring, granite countertops, stainless steel appliances, in-unit laundry, private balconies, and a gated parking garage. Additionally, each unit features a spacious rooftop patio, offering residents a unique outdoor living space. Los Angeles' continued strong rental metrics, including a 2022 occupancy rate of 96.5 percent and year-over-year rent growth of 4.5 percent, provide a new owner with the opportunity to take advantage of the substantial demand for rental units in the area. With current rents below market rates, 2495 Corinth Avenue represents an attractive opportunity for a new owner. 2495 Corinth Avenue benefits from its attractive West Los Angeles location, situated moments from a plethora of retail, dining, and entertainment options in Sawtelle Japantown. The property is within a 0.50-mile radius of all three levels of education including Richland Avenue Elementary School, Daniel Webster Middle School, and Magnolia Science Academy. Additionally, 2495 Corinth Avenue benefits from its close proximity to the Interstate 10 and Interstate 405 interchange, connecting residents to employment hubs throughout Los Angeles County.

Location

State CA

County Los Angeles

Area Wla - West Los Angeles

Zoning LAR3

Interior

Fireplace No

Appliance Dryer, Washer

Exterior

Garage Spaces 16.0

Garage Description 16.0

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 16

Private Pool No

Building

Lot Description Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4260038019

Energy Description 2799.0

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Financing Assumed

Special Listing Condition Standard

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CRMLS – RECore
Listed by Tyler Leeson Marcus & Millichap RE Invest
Bought with Tyler Leeson Marcus & Millichap RE Invest
agent

Rachael Stern Hughel

Realtor | License ID: 01218759

+1(818) 397-8177

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