IMMEDIATE VALUE-ADD OPPORTUNITY WITH POTENTIAL FOR FUTURE GROUND-UP REDEVELOPMENT!!! 11967 walnut lane is a 4-unit apartment building located on LA's westside, just blocks from Santa Monica and close to the Expo Line, Stoner Park, and trendy Sawtelle shopping and dining. This lovingly maintained midcentury 4-plex was originally constructed in 1964, and features an attractive unit mix with three (2 bed / 1.5 bath) units and one (3 bed / 2.5 bath) unit. All units have a two-story, townhome-style layout with floor to ceiling windows in the first floor living room that open to private, enclosed patios. The property is separately metered for electricity and master metered for water. There are four covered parking spaces in the rear of the property and coin operated laundry on-site. Units 3 and 4 are delivered vacant, creating an immediate value-add opportunity for an owner/occupant or investor. Units 1 and 2 are month to month. LAR3 zoning allows for future ground-up redevelopment. Buyer and buyer's agent to verify all information.
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