Sold

10810 Palms Blvd

Los Angeles CA, 90034

$10,500,000


$411.38 per sqft

Sold

24 Beds

25 Baths

25,524 sqft

Multi-family

Built in 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.

23-243037

MLS ID

February 18, 2023

Listed

November 22, 2024

Updated

Map

10810 Palms Blvd
Los Angeles CA, 90034

Interior Features

Total Stories

4


Bedrooms

24


Total Bathrooms

25


Interior Features

Built-Ins


Appliances

Built-Ins, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Washer, Dryer


Laundry Description

In Unit


Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.34 Acres


Architectual Style

Contemporary


Sewer

In Street

Other Property Details

Area Name

Palms - Mar Vista


Days on Market

27


Garage

No


Parking

Controlled Entrance, Private, Assigned


Parking Total

25


View

Yes


View Description

City


County

Los Angeles


Pool

No


Zoning

LAR3

Listed by James Muske with Coldwell Banker Realty
Listing Contact: 310-777-6200 

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 Susan Coletti | CA DRE# 01939461 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

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Data last updated 11/22/2024

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