34.05175 -118.47681

12221 San Vicente Blvd LOS ANGELES, CA 90049

324395848 34.05175 -118.47681 213 /listing/324395848-150284439/12221-san-vicente-blvd-los-angeles-ca-90049 False 0 32000000 64578 105 92 83 22-209493 False
  • $32,000,000
  • 92 bd
  • 83 ba
  • 64,578 sqft
  • 52,468 lot
  • Est payment $171782.92/mo

Property Information

  1. 92 Beds
  2. 83 Baths
  3. 64,578 Sq. Ft.
  4. 52,468 Lot

Multi-Family in Los Angeles

This investment offering represents a generational opportunity to purchase an incredible multi-family asset located at 12221 and 12225 San Vicente Blvd. in the heart of LA's famed Westside enclave of Brentwood. Seldom are properties as prestigious as the San Vicente Residences available to be purchased. In fact, ownership has owned the land for nearly a century. With just over 400 feet of frontage on the beautiful tree lined street of San Vicente and a total lot size of 52,490 square feet, the buildings have an undeniable grandeur and presence to them. Originally built in 1961, the buildings boast an ideal unit mix consisting of all large 1, 2 and 3-bedroom floor plans. Each of these units are spacious, have a terrific layout, and offer an abundance of natural light. Perfect for long-term investors looking to add a gem to their portfolio, the properties offer an investor incredible rental upside, ample on-site parking (55 spaces) and all soft story seismic retrofit work has been completed, a sparkling pool that was completely refurbished in 2016, a large sundeck area, and two onsite laundry facilities. The unit mix includes (17) 1-bed, 1-bath units, (24) 2-bed, 2-bath units, and (9) 3-bed, 2-bath units. This is the quintessential value add opportunity and a fantastic trophy asset in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. The properties are located in a very unique North of San Vicente location and lie within the popular Kenter School District. A quick walk to fine dining, and directly across the street from Sunday's famous Farmer's Market and Brentwood Country Clubs golf course, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire one of the most pr

Courtesy Of RE/MAX Commercial and Investment Realty

Main Features

  • Listing Status: Contract Pending
  • Year Built: 1961
  • Floors: 3
  • County: LOS ANGELES
  • Units: 50
  • Zoning: LAR3
  • MLS Number:22-209493

Additional Features

  • Cooling:
    • Wall/Window
  • Disclosures:
    • As Is
  • Laundry:
    • Community
  • Laundry Equipment:
    • Lease
  • Unit 1 Furnished:
    • No
  • Unit 2 Furnished:
    • No
  • Unit 3 Furnished:
    • No
  • Other Structures:
    • None
  • Pool:
    • Community
  • Pool YN:
    • Yes
  • Patio:
    • Deck(s)
  • Covered Parking:
    • 55
  • Parking:
    • Assigned
    • Carport Attached
  • Parking Spaces:
    • 55
  • Heating:
    • Central
  • Number of Buildings:
    • 2
  • Board:
    • The Combined Los Angeles/Westside MLS
  • Gross Income:
    • 1642593
  • Net Operating Income:
    • 961884.00
  • Probate Sale:
    • Fo
  • Rent Control:
    • Yes
  • Special Conditions:
    • Standard
  • Cap Rate:
    • 3.01
  • Expenses:
    • 637281
  • Gross Operating Income:
    • 1648443
  • Listing Agent License Number:
    • 01366169
  • Lot Size Area:
    • 52468
  • LP Per SQFT:
    • 495.52
  • Other Equipment:
    • Built-Ins
    • Garbage Disposal
    • Refrigerator
  • Total Acres:
    • 1.2045
  • Under Contract Date:
    • 2022-12-13
  • Unit 1 Bathrooms:
    • 1.00
  • Unit 1 Bedrooms:
    • 1
  • Unit 1 Rent:
    • 40838.00
  • Unit 1 Total Units:
    • 17
  • Unit 2 Bathrooms:
    • 2.00
  • Unit 2 Bedrooms:
    • 2
  • Unit 2 Rent:
    • 62005.00
  • Unit 2 Total Units:
    • 24
  • Unit 3 Bathrooms:
    • 2.00
  • Unit 3 Bedrooms:
    • 3
  • Unit 3 Rent:
    • 34040.00
  • Unit 3 Total Units:
    • 9
Neighborhood info courtesy of Homes.com © 2023

What's My Mortgage?

$38,769.95*
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34.05175 -118.47681

12221 San Vicente Blvd LOS ANGELES, CA 90049

324395848 34.05175 -118.47681 213 /listing/324395848-150284439/12221-san-vicente-blvd-los-angeles-ca-90049 False 0 32000000 64578 105 92 83 22-209493 False
  • $32,000,000
  • 92 bd
  • 83 ba
  • 64,578 sqft
  • 52,468 lot
  • Est payment $171782.92/mo