$1,725,000
Los Angeles, CA 90066
10
Beds
7
Baths
3,974
Sq. Ft.
1964
Year Built
Los Angeles
County
ResidentialIncome
Property Type
12441 Gilmore Avenue is a well-maintained four-unit multifamily property ideally positioned in Del Rey, at the convergence of Mar Vista, Culver City, Marina del Rey and Venice. The property features a compelling unit mix of three spacious 3-bedroom/2-bathroom residences and one studio, complemented by seven parking spaces. Three of the four units were extensively renovated in 2022 with updated kitchens and bathrooms, stylish flooring, new windows and contemporary finishes. Significant capital improvements include a completed soft-story seismic retrofit, upgraded electrical subpanels, in-unit laundry installations, replacement windows and new steel guardrails/handrails.The location is further supported by the exceptionally strong surrounding residential market, with 90066 characterized by high home values and price-per-square-foot metrics. Combined with convenient access to Mar Vista, Culver City, Playa Vista, Marina del Rey, Venice and the beach, 12441 Gilmore offers investors a rare opportunity to acquire a substantially improved four-unit asset in one of Los Angeles' most desirable Westside rental markets. The central Westside location provides residents convenient access to some of Los Angeles' most desirable coastal neighborhoods, major employment centers, dining and retail corridors, while remaining just minutes from the beach. The property is approximately 0.6 miles from access to the Ballona Creek Trail, with Marina del Rey and Venice immediately to the west and nearby beaches approximately 34 miles away.
$9,181/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.