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12630 Caswell Ave

Los Angeles, CA 90066
  • $3,595,000
  • STATUS: Active Under Contract
  • ON SITE: 51 Days
  • ID#: 22-156127
Under Contract
UPDATED: 81 min ago
$3,595,000
  • 13
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,408
    SQFT
  • $485
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Description

Caswell 9 is a well maintained, value-added 9 unit Apartment located on 12630 Caswell Ave., in Mar Vista CA, a trending, hip WLA community bordering Venice and Culver City. This area is home to employers such as Sony, Apple, Facebook, Google, Snap, YouTube, and Tesla. It is also known for its famous beaches, incredible restaurants and trending bars. The property has an ideal mix of three (1 + 1), four (2 + 1) and two (2 + 2) units. Most of the units have significant rental upside. The property features European/French-Norman architectural elements, new landscape, copper plumbing (c 2013), gated entry, 12 parking spaces, and improved kitchens, baths and floors in most units. With continued renovation, this building, with its great unit mix and cool design could be a real standout. Given all of these features, and its favorable pricing, this asset is a must look for anyone serious about building a Westside real estate investment portfolio!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-07-02T23:42:50.78. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.brandiprattrealestate.com/homes/128643099
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12630 Caswell Ave Los Angeles, CA 90066

  • Price: $3,595,000
  • Status: Active Under Contract
  • On Site: 51 Days
  • Updated: 81 min ago
  • ID#: 22-156127
13
Beds
0
Baths
0
½ Baths
0.16
Acres
7,408
SQFT
$485
$/SQFT
1965
Built
Neighborhood:
Palms - Mar Vista
County:
Los Angeles
Area:
Palms - Mar Vista
Property Description
Caswell 9 is a well maintained, value-added 9 unit Apartment located on 12630 Caswell Ave., in Mar Vista CA, a trending, hip WLA community bordering Venice and Culver City. This area is home to employers such as Sony, Apple, Facebook, Google, Snap, YouTube, and Tesla. It is also known for its famous beaches, incredible restaurants and trending bars. The property has an ideal mix of three (1 + 1), four (2 + 1) and two (2 + 2) units. Most of the units have significant rental upside. The property features European/French-Norman architectural elements, new landscape, copper plumbing (c 2013), gated entry, 12 parking spaces, and improved kitchens, baths and floors in most units. With continued renovation, this building, with its great unit mix and cool design could be a real standout. Given all of these features, and its favorable pricing, this asset is a must look for anyone serious about building a Westside real estate investment portfolio!
Exterior Features

Carport Spaces Total 9 Lot Description 5 + Lots Lot Location Alley Access Lot Size Area 7113 Other Structures None Parking Garage Covered ParkingDriveway Paved YN Yes Roof Flat Sprinklers Drip System Style Low Rise Total Parking 12 View Description None View YN No

Interior Features

Bathroom Features Tile Baths Total 11.00 Cooking Appliances Free Standing Gas Cooling None Equipment Range/OvenRefrigerator Flooring LaminateCeramic TileMixedCarpet Heating Wall Kitchen Features Tile Counters

Property Features

Alley YN Yes Assessed Total Value 2212722 Gross Income 226116 Gross Operating Income 219375 Like Units1 3 Like Units2 4 Like Units3 2 Net Operating Income 140088.00 Number Of Buildings 1 Number Of Units 9 Owner Pays WaterGardener Rent Control YN Yes Sale Type Standard Security Features Gated Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricityCable Tv Total Annual Expense 79288 Type Of Units 3 Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Scott Rosenberg DRE#01456686 of Kidder Mathews Of California, Inc..


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-07-02T23:42:50.78. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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eXp Realty of California, Inc.
2603 Camino Ramon, Suite 200
San Ramon CA, 94583