1975 S Corning Street

Los Angeles, CA 90034

  • 0 Bed(s)
  • 0 Bath(s)
  • 12,816 Sqft
  • 12612
    Sqft(Lot)
$4,995,000

Description

We are pleased to present 1975 s corning st, los angeles. this courtyard-style building consists of 12,816 sq ft with on-site laundry, nine (9) carports in the rear, and four (4) tandem carports in the front. at a competitive cost/unit of $333,000 – the subject property boasts a desirable unit mix of 60% 3-bedroom & 2-bedroom units and 40% 1-bedroom units. current ownership has completed the required soft-story retrofit and the asset will be delivered with new electrical panels. twelve of the fifteen units have been upgraded in recent years and there is still approximately 30% in upside rent potential achievable through organic turnover or tenant buyouts. with ample carport parking spaces, investors have the ability to build three (3) adu’s by right (buyer to verify). located north of the 10 freeway in la cienega heights, the property is adjacent to palms, culver city, and beverly hills. this pride-of-ownership asset offers value-add potential, capital appreciation, and stability in one of the westside’s strongest rental markets.

  • Property Type

    Residential Income
  • County

    Los Angeles
  • Style

    Residential Income
  • AD ID

    48676201

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0
  • Building Information

    • Year Built: 1963
    • Building Area Total: 12,816

    Pool Features

    • None

    Laundry Features

    • Common Area
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2895
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 12612
  • Listing Price Information

    • Original List Price: 4,995,000
    • Listing Contract Date: 2025-02-21

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 4302028035
  • Garage and Parking

    • Garage Description: Carport

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C09 - Beverlywood Vicinity
    • Directions: West of La Cienega, off Guthrie Avenue.
    • Zoning: LARD2
    • Source Property Type: Residential Income
    • Area: C09 - Beverlywood Vicinity
    • Property SubType: Mixed Use

    Building and Construction

    • Property Age: 62
    • Common Walls: 2+ Common Walls
    • Structure Type: Mixed Use
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Front
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 02/25/2025 @ 09:21

  • MLS: SB25038847
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 12,816 sqft, 12,612 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90034, this Los Angeles County Home are nearby neighborhoods.