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
August 23, 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
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Data last updated 8/23/2024