10810 Palms Blvd

Los Angeles, CA, 90034

$12,945,000

$507 per ft²
$12,945,000
$507 per ft²
Active
Active
 - For Sale
beds
24 Beds
baths
25 Baths
carpenters-square
25,524 ft²
property_type
Multi-family
calendar
Built 2013
Extremely well-maintained 25-unit building has oversized units with stunning contemporary interiors, polished concrete floors & modern condo-quality designer finishes. Wonderful open floorplans, gourmet kitchens, custom countertops, designer cabinetry, stainless steel appliances, washer & dryer in every unit, and most have large balconies. On-site fitness center, rooftop lounge with views, beautiful landscaping, electronic phone-activated entry system, pre-wired for broadband and networking. Solar power for house electric. RUBS for gas, water, sewer, trash and recycling. RUBS is grandfathered in for this building. MAJOR UPSIDE POTENTIAL FOR RAISING CAP RATE. Rents have not been raised in approximately three and a half years. 40% of the building is currently eligible for 10% rent increases which will raise the Cap Rate. This building is NOT rent controlled, so rents can be raised more than 10%. Seller owns all appliances, including washer/dryers, microwaves, range/ovens, dishwashers and refrigerators. Beautiful, clean building, convenient location. True pride of ownership.
MLS® ID:
23-243037
Listed:
2/17/23
Updated:
3/22/23

Interior Features

Kitchen Appliances
Microwave, Built-Ins, Oven, Range
Total Bedrooms
24
Total Bathrooms
25
Interior Features
Built-Ins
Laundry Description
In Unit
Floor Description
Other
Cooling
Central
Heating
Central

Exterior/Building Features

Lot Size
0.34 acres lot
Exterior Features
None
Architectural Style
Contemporary
Sewer
In Street

Other Property Details

Garage
No
Parking
Controlled Entrance, Private, Assigned
Parking Total
25.0
View
Y
County
Los Angeles
Pool
No
Total Stories
4
Zoning
LAR3

Property History

Date
Event
Price
Value
3/6/23
Pending
-
-
3/14/23
Price Change
$12,945,000
-16%
3/14/23
Active
-
-

Courtesy of Coldwell Banker Realty, James Muske,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Eve Capital shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/22/23

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