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$ 2,098,000
Est. payment /mo
Price Dropped by $252K
6900 Knowlton Place Los Angeles, CA 90045
8 Beds
4 Baths
7,288 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26155373
Bedrooms 8
Lot Size 7,288 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Don't miss this R3 zoned corner lot opportunity in the sought after Westchester neighborhood! 6900 Knowlton Place is a 6-unit apartment community consisting of all two-bedroom one-bath units. The ownership is offering this residential asset to the market, providing investors with immediate cash flow and a clear path to value creation through operational improvements. Constructed in 1987, this 5,097 square foot community sits on a 7,288sq ft lot with landscaped grounds, a common area laundry room and a tandem parking lot allowing parking for 2 vehicles per unit. While all unit interiors are upgraded, some units also feature in-unit laundry and mini split AC systems. While there is a secured yard area that all tenants can enjoy, one unit also has it's own private yard. There are many exciting developments in the neighborhood such as high end condominiums and a variety of shops and restaurants just minutes away. The property location also allows for easy access to the 405, LAX, Silicon Beach, Culver City and entertainment attractions such as SoFi Stadium, Kia Forum, Intuit Dome and Hollywood Park Casino in Inglewood.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Corner of Knowlton Pl & Knowlton St, west of La Cienega Blvd, east of S La Tijera Blvd, south of Centinela Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4103013015
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Mariko Artis, DRE#02062257 ADW Management USA, Inc.
Co-listed byTakeshi Kida • Takeshi Kida
Co-listed byTakeshi Kida • Takeshi Kida