Palms, CA 90034,10603 Palms BLVD
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Palms, CA 90034,10603 Palms BLVD
Palms, CA 90034,10603 Palms BLVD
Palms, CA 90034,10603 Palms BLVD
Palms, CA 90034,10603 Palms BLVD

$2,360,000

Est. payment /mo

$2,500,000

5.6%
Est.Price: ?

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10603 Palms BLVD Palms, CA 90034

8,659 Sqft Lot

SOLD DATE : 05/01/2024

Key Details

Sold Price $2,360,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB23022201

Sold Date 05/01/24

HOA Y/N No

Year Built 1915

Lot Size 8,659 Sqft

Property Description

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!!

Location

State CA

County Los Angeles

Area C13 - Palms - Mar Vista

Zoning LAR3

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator, Water Heater

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Pool None

Community Features Street Lights, Urban

Accessibility Parking

Total Parking Spaces 10

Private Pool No

Building

Lot Description Corner Lot

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4314019008

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Yoko Shishido • Ocean Palisades Realty, Inc. • 310-910-3553
Bought with Yewmeng Lee • GLOBAL HOMES NETWORK
agent

Lisa Forss

Owner and Compliance/Office Manager, Realtor® | License ID: 01362594

+1(951) 302-1492

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