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2330 S CORNING Street

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2330 S CORNING Street | Los Angeles, CA

$9,995,000

34,471 SQ.FT.

This property is a 3-story building located in West Los Angeles with ample parking. There are 41 total parking spaces. 20 Tuck under parking spots, 19 Carports, and 2 open parking spaces. 2330S Corning St is a very charming apartment building situated in West Los Angeles. This property, built in 1964, with wood frame and stucco construction, is separately metered for gas & electricity and is comprised of 34.471 SQ FT of improvements sitting on a 29,999 SQ FT lot. This property is located near the corner of Corning St and Cadillac Ave. This asset offers an investor the rare opportunity to purchase a well-maintained, well-located asset with exceptional value to add and upside potential. For an investor focused on appreciation, this is an ideal investment. The average square feet of each unit is approximately 1,014 SF. The current average rent is only $1,266 dollars, and market rents at $2,412 on an average basis based on the rent roll we have.
Listing Provided by Arthur Arejian, Arthur Arejian, Broker

Based on information from California Regional Multiple Listing Service, Inc. as of November 7, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.