10603 Palms Boulevard
Palms, CA 90034
- – beds
- – baths
- – sqft
- 8,658 sqft lot
- 1915 build
- – on site
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HUGE PRICE IMPROVEMENT!! Ocean Palisades Property is proud to present an exceptional investment opportunity in the heart of West Los Angeles boasting an impressive cap rate of 4.48%. This property offers a rare chance for owner-users to capitalize on its advantageous features, including a separate house within the premises. Extensive remodeling has been undertaken, resulting in a meticulously updated property that is sure to impress. Comprising the main residence, a 3-bedroom, 1-bath house, with the added bonus of a non-conforming bedroom along with a separate structure housing four units, each consisting of 2 bedrooms and 1.5 bathrooms. The units have been thoughtfully equipped with amenities, including window air conditioning, individual hot water heaters, new windows, and stylishly designed kitchens featuring new cabinets, quartz countertops, and mosaic backsplashes. Additionally, the units showcase the allure of new hardwood/laminate floors, stackable washer dryers, energy-efficient stainless steel appliances, and private patios. These lavish units also boast elegantly tiled bathrooms, exceptionally spacious closets, and the convenience of 10 parking spaces, further enhancing their desirability. This prime property in West Los Angeles offers an impressive cap rate alongside an opportunity for owner-users to capitalize on its alluring features. ADU opportunity!!
Last checked:
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Last updated Jan 21, 2025
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MLS# SB23022201 —
The Building
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Year Built:1915
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:4860.00
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Building Area Units:Square Feet
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Total Number Of Units:5
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# of Buildings:2
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Accessibility Features:Parking
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Levels:Two
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Fireplace:No
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Fireplace:None
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Laundry:Gas Dryer Hookup, Washer Hookup
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Laundry:1
Location
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Directions:10603 Palms Blvd, Los Angeles, CA 90034
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Latitude:34.02535000
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Longitude:-118.41104100
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Zoning:LAR3
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Lot Features:Corner Lot
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Lot Size Area:8658.0000
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Lot Size Acres:0.1988
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Lot Size SqFt:8658.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:O
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Tax Census Tract:2699.09
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Tax Tract:45855
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Tax Lot:5
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4314019008
Heating & Cooling
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Public Sewer
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Green Energy Efficient:Appliances
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Refrigerator, Water Heater
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Included:Yes
The Community
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Features:Street Lights, Urban
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Buyer to Verify
Parking
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Parking Spaces:10.00
Extra Units
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Number With Dishwasher:5
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Number With Refrigerator:5
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/1/24
May 1, 2024
|
Sold | CRMLS_CA | $2,360,000 | -5.6% |
3/24/24
Mar 24, 2024
|
Pending | CRMLS_CA | $2,500,000 | |
3/15/24
Mar 15, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $2,500,000 |