10720 Woodbine St, Los Angeles, CA 90034

10720 Woodbine St, Los Angeles, CA 90034

Los Angeles, CA

Property Description

Completely remodeled, 1982 construction, oversized 4-Unit building, located in the heart of Palms. This property will be delivered completely tenant-ready! New buyers can take advantage of this NON-RENT CONTROLLED asset offering a great return once units are rented out for market. This “A” location property, with great curb appeal, would be a perfect investment for any owner/user looking to live in the penthouse unit, and use the other’s rent to pay their mortgage! 10720 Woodbine St has a strong mix of (1) 4-Bd/3-Ba Penthouse, (2) 2- Bd/1- Ba, & (1) 1-Bd/1-Ba units. All of the units have been completely remodeled. These spacious units feature top-of-the-line appliances, new hardwood flooring, granite countertops, new paint, as well as Dishwashers and A/C. There is copper plumbing throughout the building. Built in the 80’s, there is plenty of parking for each tenant to go along with the additional street parking. There is also an opportunity to convert the property into a 5-unit, per the City of Los Angeles. Only minutes away from Millions of $ in development, this renovated property is an ideal pickup for any exchange buyer or investor looking to own in one of Los Angeles’s top rental markets.

Property Features

  • Sale Price: $2,600,000
  • Year Built: 1982
  • Listing Date: 5/5/2021
  • Closing Date: December 21, 2021

Lyon Stahl Investment Real Estate

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