3102 S Canfield AVE, Los Angeles, CA 90034
3102 S Canfield AVE, Los Angeles, CA 90034
3102 S Canfield AVE, Los Angeles, CA 90034
3102 S Canfield AVE, Los Angeles, CA 90034
3102 S Canfield AVE, Los Angeles, CA 90034
3102 S Canfield AVE, Los Angeles, CA 90034
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Derek Reilly

Derek Reilly

+1(310) 902-2909
$ 2,795,000
Est. payment | /mo

10 Beds

10 Baths

6,727 SqFt

Save
$ 2,795,000
Est. payment | /mo
Save

10 Beds

10 Baths

6,727 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,727 sqft

Price per Sqft $415

MLS Listing ID 26998771

Bedrooms 10

HOA Y/N No

Year Built 1961

Lot Size 7,988 Sqft

Property Description

Located at 3102 S. Canfield Avenue, this well-maintained 10-unit apartment building offers an excellent opportunity for investors looking to expand their multi-family portfolio or complete a 1031 tax-deferred exchange. Generating approximately $245,000 in annual gross income, the property features a desirable unit mix consisting of (8) 1Bd/1Ba units, (1) 2Bd/1.5Ba unit, and (1) 0Bd/1Ba unit. The building has benefitted from numerous improvements, including upgrades to most units, predominately copper plumbing, and mostly newer windows. The earthquake retrofit work has been completed, along with balcony inspections. Situated on a spacious corner lot, the property features ample on-site parking of 11 spaces and 3 individual garages, convenient community laundry, and easy access to major freeways, shopping, dining, and neighborhood amenities. With strong existing income, substantial capital improvements, and a desirable Los Angeles location, this property presents an attractive opportunity for buyers seeking a well-positioned, income-producing multi-family asset.

Location

State CA

County Los Angeles

Area C09 - Beverlywood Vicinity

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator

Laundry Common Area

Exterior

Parking Features Assigned, Door-Multi, Detached Carport, Garage

Pool None

Private Pool No

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4311026020

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Linda Light Coldwell Banker Realty #00786737

Nearby Locations

Derek Reilly

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 902-2909

derek@westsidederek.com

4215 Highland Ave, Manhattan Beach, California 90266, USA

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3102 S Canfield AVE