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$ 6,000,000
Est. payment /mo
Active
1600 Camden AVE Los Angeles, CA 90025
16 Beds
16 Baths
9,918 SqFt
UPDATED:
09/30/2024 06:45 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,918 sqft
Price per Sqft $604
MLS Listing ID 24388895
Bedrooms 16
HOA Y/N No
Year Built 1985
Lot Size 7,649 Sqft
Acres 0.1756
Property Description
Opportunity to acquire 1600 Camden Ave, an 8-unit apartment building located in the heart of prime West Los Angeles. This is a rare opportunity to acquire a premiere asset in one of Los Angeles' most sought-after submarkets. The subject property was built in 1985 and boasts an exceptional unit mix of 8 townhouse units all featuring one bedroom, one loft bedroom, and two baths. The loft bedrooms include a full bathroom with a shower, spacious closets, and large patio balconies. 1600 Camden Ave offers an investor the rare opportunity to a well-maintained asset with quality construction and exquisite design features. All units include modern luxury finishes, stainless steel appliances, custom cabinets, stone countertops, hardwood floors, designer tiles, in-unit washers/dryers, walk-in closets, and large balconies. The units feature desirable layouts, an abundance of natural light, high ceilings, and the living room boasts 18 foot ceilings. While all of the units are in grreat condition and contain modern luxury finishes, a new investor will have the opportunity to add additional building upgrades to capitalize on the remaining rental upside. Additionally, the building features controlled access entry, EV charging stations, and underground private parking with 16 spaces. The Property is ideally positioned in an unparalleled West Los Angeles location, often referred to as one of the most desirable neighborhoods in all of Los Angeles. Tenants are situated minutes away from Westwood Village, UCLA, Century City, Beverly Hills, Brentwood, the 405 Freeway and I-10 Freeway. The Property is Very Walkable and conveniently located amongst countless amenities including restaurants, shopping, entertainment venues, fitness centers, and much more. Further, the Property is centrally located near major employment centers and nearby the new Google office campus in West LA. 1600 Camden offers an investor the opportunity to purchase a well-maintained, income generating asset with recent capital expenditures and additional upside in rents.
Location
State CA
County Los Angeles
Area C05 - Westwood - Century City
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Refrigerator, Dryer, Washer
Exterior
Garage Gated
Parking Type Gated
Total Parking Spaces 16
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4324031094
Special Listing Condition Standard
Listed by Janet Neman • Kidder Mathews of California, Inc.