2314 S Corning ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90034
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,814 sqft
Price per Sqft $232
MLS Listing ID 25533663
Bedrooms 12
HOA Y/N No
Year Built 1957
Lot Size 7,505 Sqft
Property Description
This legacy property is the Best Value in Reynier Village at $227k Per Unit, $232 PSF and 11.67 times Gross !! It has been in the family for 51 years, and professionally managed for decades. The location is prime. It's just a few blocks from Kaiser West LA, Culver City Arts District, HBO, Apple, Amazon Studios, etc. The unit mix is ideal with (3) 2BR/1BA, and (6) 1BR/1BA. Two of the units will be delivered vacant and there is over 50% upside on potential rent. The building has been well maintained. A brand new electrical service panel was installed last year with permits, and EQ retrofit has been completed. There are 9 parking spaces and secure entry for the tenants safety and convenience. The property is being sold in conjunction with 2038 Holt St., and be purchased together or separately. Don't miss this one!
Location
State CA
County Los Angeles
Area C09 - Beverlywood Vicinity
Zoning LARD1.5
Interior
Heating Natural Gas
Fireplace No
Appliance Disposal
Exterior
Parking Features Assigned
Community Features Gated
Total Parking Spaces 9
Building
Faces West
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4301025009
Security Features Gated Community
Special Listing Condition Standard