Los Angeles, CA 90025,1218 Mcclellan Dr
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Los Angeles, CA 90025,1218 Mcclellan Dr
Los Angeles, CA 90025,1218 Mcclellan Dr
Los Angeles, CA 90025,1218 Mcclellan Dr

$5,900,000

Est. payment /mo
Est.Price: ?

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1218 Mcclellan Dr Los Angeles, CA 90025

16 Beds

16 Baths

11,758 SqFt

SOLD DATE : 04/04/2024

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 11,758 sqft

Price per Sqft $422

MLS Listing ID 24-344813

Bedrooms 16

Year Built 1972

Lot Size 8,717 Sqft

Property Description

1218 McClellan Dr is a 16-unit apartment building in a prime West Los Angeles location. The property was built in 1972 with a unit mix comprised of one studio, fourteen large one-bedroom one-bathroom, and one two-bedroom one-bathroom unit. The building is 11,758 sqft on an 8,714 sqft lot zoned LAC2. Amenities include controlled access and gated parking. The building's extremely desirable location demands premium rents upon turnover of units, as this is one block south of Brentwood and one block east of Santa Monica. Within proximity are grocery stores, such as Ralphs, Smart & Final, Bristol Farms, Erewhon Market, and many restaurants, coffee shops, and bars. EXCELLENT LOCATION - WALK SCORE = 93 - 'WALKER'S PARADISE - DAILY ERRANDS DO NOT REQUIRE A CAR'. UNIT MIX CONSISTING OF MOSTLY LARGE 1-BEDROOM UNITS - AVG 735 SQFT. AMENITIES INCLUDE CONTROLLED ACCESS ENTRY AND GATED PARKING. RARE MID-SIZED ASSET - FIRST TIME ON THE MARKET IN 50 YEARS. APPROXIMATELY 23.5% POTENTIAL RENTAL UPSIDE UPON TURNOVER.

Location

State CA

County Los Angeles

Area West L.A.

Zoning LAC2

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment Alarm System

Exterior

Garage Gated

Garage Spaces 16.0

Building

Story 2

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Marcus & Millichap
Bought with Marcus & Millichap

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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