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$2,975,000

Beds
6
sq ft
3,860

3630 Beethoven St, Los Angeles, CA 90066

3630 Beethoven St

Los Angeles, CA 90066

  • 345 days on market
Month to Month tenancy allowing for owner-user! 2021 construction modern style duplex in located in the heart of Mar Vista in West LA! Built by TJH, thie duplex features two 3 bedroom / 2.5 bathroom townhome units! All units are rented and provide strong and stable rental income and potential for one unit to be delivered on a month to month lease making this a great owner-user opportunity! Offered at a 5.27% cap rate, 14.67 GRM and at $770/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. Each unit includes a 2 car garage and 2 outdoor spaces as well as in-unit laundry. The property includes solar panels that are owned and fully paid off by the developer. Tenants pay all utilities! Mar Vista is a very popular destination for renters as its in close proximity to Brentwood, Santa Monica, Venice, Playa Vista and the South Bay!

Details

Property type

Est. home value

$3,139,828

Property condition

New Construction

Lot size

5,751 sq ft

Price per sq ft

$771

Year built

2021

HOA

No

Price History

01/23/2024
CLAW

CLAW #24347553

Listed
$2,975,000

Schools & Community

Neighborhood: 

Mar Vista

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

East West Bank

Loan start date

August 2022

Original loan amount

$1,917,500

Est. remaining balance

Not provided

Interest rate

4.19%

Loan type

Commercial

Seller

Btr Ewb Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/27/2024 at 3:55 AM

Listing updated: 10/19/2024 at 4:50 AM

Listed by: John Katnik, BRC Advisors- BH

MLS: CLAW #24347553

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