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2593 Amherst Avenue

Los Angeles (City), CA 90064
  • $1,499,999
  • STATUS: Active Under Contract
  • ON SITE: 102 Days
  • ID#: 24365193
Under Contract
UPDATED: 112 min ago
$1,499,999
  • 4
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,563
    SQFT
  • $585
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1941
County:

School Ratings & Info

Listing Agent(s): Alex 'Zan' Sacker of KW Advisors (310-482-2200)


Description

Welcome to 2593 Amherst, a lucrative 4 Plex apartment building ideally situated in the heart of West Los Angeles, just a stone's throw away from Santa Monica and the sun-kissed coast. This prime location on the corner of OceanPark Blvd and Amherst ensures convenience and accessibility. Hop on the bike path and you are minutes away straight to the beach. Residents will delight in the communal outdoor area, perfect for enjoying the California sunshine and fostering community connections. Each unit boasts coveted garage parking, with one garage space currently occupied and three garage spaces awaiting new tenants or owner occupancy. Additionally, two of the units present a remarkable opportunity for upside potential. Currently two units feature numerous upgrades and are currently rented at market rates, providing immediate returns for savvy investors or homeowners looking to offset expenses. The property showcases a newer roof, approximately 2-3 years old, ensuring long-term durability and peace of mind. Recent termite work clearance further underscores the property's commitment to maintenance and quality. Inside, three units are equipped with window air conditioning, offering comfort during warmer seasons. Meanwhile, the two upgraded units stand out with their brand-new remodels, boasting custom designer kitchens, sleek stone countertops, stainless steel appliances, and modern bathroom fixtures. Fresh hardwood flooring, newer dual-paned windows, and convenient wall heaters enhance the living experience, while community laundry facilities adjacent to the units add to the convenience. Possible ability to add ADU's in the garage spaces. With its quiet and bright ambiance, 2593 Amherst exudes pride of ownership and presents an exceptional opportunity for investors and homeowners alike. Don't miss the chance to capitalize on the potential of this remarkable property and the vibrant lifestyle it offers in one of Los Angeles's most sought-after neighborhoods!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-16T15:29:25.91. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/148294725
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2593 Amherst Avenue Los Angeles (City), CA 90064

  • Price: $1,499,999
  • Status: Active Under Contract
  • On Site: 102 Days
  • Updated: 112 min ago
  • ID#: 24365193
4
Beds
0
Baths
0
½ Baths
0.15
Acres
2,563
SQFT
$585
$/SQFT
1941
Built
Neighborhood:
WLA - West Los Angeles
County:
Los Angeles
Area:
WLA - West Los Angeles
Property Description
Welcome to 2593 Amherst, a lucrative 4 Plex apartment building ideally situated in the heart of West Los Angeles, just a stone's throw away from Santa Monica and the sun-kissed coast. This prime location on the corner of OceanPark Blvd and Amherst ensures convenience and accessibility. Hop on the bike path and you are minutes away straight to the beach. Residents will delight in the communal outdoor area, perfect for enjoying the California sunshine and fostering community connections. Each unit boasts coveted garage parking, with one garage space currently occupied and three garage spaces awaiting new tenants or owner occupancy. Additionally, two of the units present a remarkable opportunity for upside potential. Currently two units feature numerous upgrades and are currently rented at market rates, providing immediate returns for savvy investors or homeowners looking to offset expenses. The property showcases a newer roof, approximately 2-3 years old, ensuring long-term durability and peace of mind. Recent termite work clearance further underscores the property's commitment to maintenance and quality. Inside, three units are equipped with window air conditioning, offering comfort during warmer seasons. Meanwhile, the two upgraded units stand out with their brand-new remodels, boasting custom designer kitchens, sleek stone countertops, stainless steel appliances, and modern bathroom fixtures. Fresh hardwood flooring, newer dual-paned windows, and convenient wall heaters enhance the living experience, while community laundry facilities adjacent to the units add to the convenience. Possible ability to add ADU's in the garage spaces. With its quiet and bright ambiance, 2593 Amherst exudes pride of ownership and presents an exceptional opportunity for investors and homeowners alike. Don't miss the chance to capitalize on the potential of this remarkable property and the vibrant lifestyle it offers in one of Los Angeles's most sought-after neighborhoods!
Exterior Features

Parking Total 4

Interior Features

Flooring Wood Heating Floor FurnaceWall Furnace Heating YN Yes

Property Features

Association YN No Gross Income 6582 Levels One Listing Agreement Seller Reserved Listing Service Full Service Listing Terms Cash Net Operating Income 6000 New Construction YN No Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 0 Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-16T15:29:25.91. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372473397-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372473397-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372473397-2.jpg
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Mainstreet Realtors®
8577 Haven Ave, Suite 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Alex 'Zan' Sacker of KW Advisors (310-482-2200)