12066 Lamanda Street
Property Description
Location...Location...Location!! This is an exceptional opportunity to acquire a four-unit (9 BRs and 5Bths) investment property, with Three (3) 2BR Units and One (1) 3BR Unit located on a quiet cul-de-sac in the highly desirable Mar Vista neighborhood of Los Angeles. Thoughtfully upgraded and well maintained, the property reflects true pride of ownership and currently operates at market rents, creating an attractive turnkey investment opportunity for both seasoned and first-time investors. Each unit is individually metered for gas and electricity, offering efficient expense management for owners. The ample sized property also provides ample parking 5 parking spots, 4 covered and one tandem uncovered, a valuable amenity for tenants in this desirable Westside location. Situated on one of only two cul-de-sacs in Mar Vista, the property offers a rare combination of privacy and convenience. Residents enjoy quick access to the Interstate 405, and are just minutes from the beaches along the Pacific Ocean, the innovation hub of Silicon Beach, and the vibrant shopping and dining destinations the Westside is known for. For buyers seeking a "live in one and rent the others" strategy, this property presents an outstanding opportunity to offset mortgage costs while building long-term equity. A rare chance to own a well-positioned income property in one of Los Angeles' most sought-after rental markets.
Broker Details
Redfin Corporation (949) 294-6186
MLS ID: SROYDTOM State License Number: 00949407
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $2,398,000 |
| No. of Units: | 4 |
| Year Built: | 1956 |
| Opportunity Zone: | No |
| Price per unit: | $599,500 |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 5 |
ID: 3yd-MRMLSCA-SB26049359
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
1311-15 Pacific Beach Dr
San Diego, California
347 Branch Street
San Luis Obispo, CaliforniaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout