• Asking Price $8,795,000
  • 1248 MCCLELLAN DR LOS ANGELES, CA 90025

  • 25 Beds 2.5 Baths 13,861 SqFt
  • Townhouse or Condo / Resale (MLS)

Property Details for 1248 MCCLELLAN DR, LOS ANGELES, CA 90025

Features

  • Price/sqft: $634
  • Lot Size: 9133 sq. ft.
  • Total Units: 16
  • Total Rooms: 5
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • Heating: Central Furnace
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1987
  • Property ID: 894491592
  • MLS Number: 24-408753
  • Parcel Number: 4267-036-039
  • Property Type: Townhouse or Condo
  • County: LOS ANGELES
  • Legal Description: CAMBRIDGE TRACT LOTS 22 AND 23 BLK C
  • Zoning: LAR3
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. We are pleased to present an incredibly unique investment opportunity in LA's vibrant Westside. 1242 McClellan Drive (legal address 1248 McClellan Drive) consists of 17 striking units ideally located just a block away from the famed enclave of Brentwood. Having been built in 1987, it is NOT subject to the City of Los Angeles' Rent Stabilization Ordinance (AB 1482 applies). The property consists of one building with three floors of residential units over one level of gated subterranean parking (exempt from seismic soft story retrofit). The ideal unit mix consists of eight 2-bedroom, 2-bathroom units and nine 1-bedroom,1-bathroom units. Interiors have been finished with beautiful pergo or carpet flooring, modern cabinetry, and upgraded kitchens and bathrooms with quartz or granite countertops. The building offers its residents a lushly landscaped facade, an intercom entry system, balconies, an on-site laundry room (machines owned by the Seller), and ample gated parking (32 total spaces). Unit features include a fireplace (most units), central HV/AC, large bedrooms, walk-in closets, and dynamite floor plans flooded with natural light. Select upper units have high vaulted ceilings. This property is only a block from the prestigious community of Brentwood, just one block south of Wilshire Boulevard. In close proximity to some of the best high-end dining, retail, and nightlife, this rare offering presents an astute investor with the unique opportunity to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.

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Property Brokerage: RE/MAX Commercial & Investment 99 South Lake Ave. Pasadena CA 90505
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.