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Sold for $1,350,000 on Jan 16, 2018
FIRST TIME ON THE MARKET SINCE IT WAS BUILT IN 1975! This fabulous 6 unit building is a true pride-of-ownership property that the current owner has enjoyed for 42 years. The four 2 bedroom 2 bath units feature a spacious living room with balcony, master bedroom with 3/4 bath and ample storage. The two 1 bedroom 1 bath units are also spacious and well designed. Upper-level units feature harbor and ocean views. Ground-floor features 7 garage spaces (one kept by owner) community laundry room with coin-operated equipment, multiple storage rooms,and a former bootleg studio that makes a great office or additional storage room. There are also two uncovered parking spaces for a total of 9 parking spaces. The rents are well below market but it's priced accordingly and there's a ton of upside. Building is subject to LA City Rent Control and is also on the LA City Soft-Story Retrofit list. See supplements for more information.