3744 Delmas Terrace, Los Angeles, CA 90034
-
Listed Price :
$2,695,000
-
Beds :
13
-
Baths :
13
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Property Size :
7,624 sqft
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Year Built :
1984
Property Description
** OFFERS DUE MONDAY, FEBRUARY 10 @ 10:00am ** NO LA CITY RENT CONTROL. Other LA, State, County rental housing rules/regs may apply. Buyer to undertake all due diligence in that regard; Broker/Agents make no representations concerning same. Located on a cul-de-sac in Palms, this 9-unit, non-rent control multifamily property offers tenants the best of both worlds: a residential setting on a quiet street offering the conveniences of Downtown Culver City and other nearby retail centers. Key landmarks, including Culver City Hall, Sony Pictures Studios, Apple, Amazon and other top employment centers are within close proximity. Built on an approximately 7,317 square foot lot, the property consists of (4) two bedroom/two bathroom units, (1) one bedroom/one bathroom unit, and (4) studios, totaling over 7,600 square feet of living space. Depending on the unit, amenities include dens, lofts and balconies. The building also features off-street parking with space for up to 9 cars, and on-site laundry. Potential ADU conversion of garage space(s) to be researched if desired; no guarantee or representations made re same. Moments to the freeways and multiple Metro E Line stations, such as Palms and Culver City stations, providing easy light rail access to Santa Monica, Downtown Los Angeles and all points in between. Generating $214,896 a year, this property is not just a great investment -- priced at an almost 5% cap, it is a golden opportunity for your portfolio with strong upside in rents.
Interior Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Bedrooms |
13 |
| Bathroom Information |
| Bathrooms |
13 |
| Interior Information |
| Features |
Loft, Utility Room |
Listing Information
| Address |
3744 Delmas Terrace |
| City |
Los Angeles |
| State |
CA |
| Zip |
90034 |
| County |
Los Angeles |
| Listing Agent |
Peter Maurice DRE #01129738 |
| Co-Listing Agent |
Tregg Rustad DRE #01349144 |
| Courtesy Of |
Rodeo Realty |
| List Price |
$2,695,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
7,624 |
| Lot Size |
7,317 |
| Year Built |
1984 |
Listing information courtesy of: Peter Maurice, Tregg Rustad, Rodeo Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 8th, 2025 at 1:24 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
