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Sold for $4,300,000
  • Listed by: Lyon Stahl Investment Real Estate, Inc. • Cameron Samimi • Contact: 310-425-9838
    Bought with: BEST CENTURY REALTY
    $4,300,000

    4059 McLaughlin Ave, Los Angeles, CA 90066

    14beds
    15baths
    8,350sqft
    Multi Family
    Built in 1984
    -- sqft lot
    $3,174,700 Zestimate®
    $515/sqft
    $3,708 Estimated rent

    Home value

    $3,174,700

    $2.64M - $3.84M

    $3,708/mo

    Zestimate® history
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    $3,708/mo

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    $27,291/mo

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    What's special

    Spacious unit mixLarge open floorplans
    Two units to be delivered vcnt! Not LA City Rent Control - falls under AB1482. Built in 1984, 4059 McLaughlin Ave is trophy asset with oversized units! This is the perfect opportunity for any investor looking for a prime apartment building in one of the most sought-after neighborhoods on the Westside of Los Angeles. This 8,350 SF building boasts a spacious unit mix of (1) 2Bed+2.5Bath Townhouse, (4) 2Bed+2Bath and (4) 1Bed+1Bath units. Once the two vacancies are rented for market, the property will operate at a 4.41% CAP and 14.98 GRM. All units feature large open floorplans, on site laundry as well as private patios/decks. There are plenty of garage parking spaces, as well as parking. The subject property is located in an A+ location, just minutes from Downtown Culver City and Playa Vista, making it any renters ideal location to live. Many large tech companies have made home in local neighborhoods including Apple, HBO, Google, Sony, and Facebook.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cameron Samimi DRE #02035763 310-259-7556,

    Lyon Stahl Investment Real Estate, Inc.

    Bought with:

    PAUL LIM, DRE #00992573

    BEST CENTURY REALTY

    Source: CRMLS,MLS#: SB23054533MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 15
    Appliances
    • Laundry: Common Area, Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 8,350
    • Total interior livable area: 8,350 sqft

    Property

    Parking
    • Total spaces: 19
    • Parking features: Garage
    • Garage spaces: 19
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 7,678 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 4233008038
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Curbs, Golf, Hiking, Urban
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $515/sqft
    • Date on market: 4/10/2023
    • Cumulative days on market: 103 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange

    Price history

    DateEventPrice
    8/30/2023Sold$4,300,000$515/sqft
    Source: CRMLS #SB23054533 Report a problem
    7/24/2023Contingent$4,300,000$515/sqft
    Source: CRMLS #SB23054533 Report a problem
    5/13/2023Listed for sale$4,300,000$515/sqft
    Source: CRMLS #SB23054533 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    10/3/2019Listing removed$2,995
    Source: Owner Report a problem
    9/24/2019Price change$2,995-7.8%
    Source: Owner Report a problem
    8/12/2019Listed for rent$3,250+71.5%
    Source: Owner Report a problem
    3/24/2018Listing removed$1,895
    Source: Owner Report a problem
    3/21/2018Listed for rent$1,895
    Source: Owner Report a problem
    1/23/2018Listing removed$1,895
    Source: Proexcel Properties Report a problem
    1/2/2018Listed for rent$1,895-20.2%
    Source: Proexcel Properties Report a problem
    5/8/2017Listing removed$2,375
    Source: Proexcel Properties Report a problem
    4/21/2017Listed for rent$2,375
    Source: Zillow Rental Manager Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Mar Vista

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,174,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,174,700