3744 Delmas Ter, Los Angeles CA 90034

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$2,695,000

3744 Delmas Ter, Los Angeles, CA 90034

bedrooms

bathrooms

square feet

7,624

Acreage

0.168

Open Houses

year built

1984

Full Baths

Half Baths

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** 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.

Location
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County	Los Angeles
Elementary School	-
Middle School	-
High School	-

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MLS number: 25492575

Listing agent: Peter Maurice

Listing broker: Rodeo Realty (310) 471-2600

Last update: Thursday, February 6 2025 at 11:54 a.m. EST

Kotohomes National