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Listed by Michael A Salerno of Michael Anthony Salerno
Prime West Los Angeles location, 3 blocks from Santa Monica. Great unit mix - 7 - 1 bedroom + 1 bath and 2 - 2 bedroom +2 bath units. Large units - 7,825 sq.ft. of building. The property was built in 1970 and it sits on a 6,655 sq. ft. lot. Long term owner. Below market rents with over 50% upside in the rent. The building is Individually metered for electricity and master metered for gas. It is located in the high demand area of West Los Angeles adjacent to Santa Monica. The area is undergoing an enormous transformation with the construction of many new apartment buildings as well as major entertaining companies such as Amazon, Apple and HBO opening offices nearby. Close to the future Google campus. Minutes to Culver City and Santa Monica's popular restaurants, bars, fitness centers and theaters. Close to the 405 and 10freeways. The earthquake soft story retrofit work has been completed. There is an assumable loan with an approximate balance of $1,068,000, 4% fixed until 7/28/2026, due in 2046. Note: The property is co-listed with Mike Poyer - Capital Real Estate Advisors

Property Details of 2610 S Bundy Drive

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Based on information submitted to CRMLS as of April 20, 2024 10:22 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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