1600 Camden Avenue
Los Angeles, CA, 90025 $ 6,000,000
Bedrooms16 Baths16.0 Sq 9,918 Monthly Estimate*
$ 35,934
Listed by Kidder Mathews of California, Inc.
for $6,000,000 with 16 bedrooms and 16 full baths. This 9,918 square foot home was built in 1985 on a lot size of 0.1756.
Opportunity to acquire 1600 Camden Ave, an 8-unit apartment building located in the heart of prime West Los Angeles. This is a rare opportunity to acquire a premiere asset in one of Los Angeles' most sought-after submarkets. The subject property was built in 1985 and boasts an exceptional unit mix of 8 townhouse units all featuring one bedroom, one loft bedroom, and two baths. The loft bedrooms include a full bathroom with a shower, spacious closets, and large patio balconies. 1600 Camden Ave offers an investor the rare opportunity to a well-maintained asset with quality construction and exquisite design features. All units include modern luxury finishes, stainless steel appliances, custom cabinets, stone countertops, hardwood floors, designer tiles, in-unit washers/dryers, walk-in closets, and large balconies. The units feature desirable layouts, an abundance of natural light, high ceilings, and the living room boasts 18 foot ceilings. While all of the units are in grreat condition and contain modern luxury finishes, a new investor will have the opportunity to add additional building upgrades to capitalize on the remaining rental upside. Additionally, the building features controlled access entry, EV charging stations, and underground private parking with 16 spaces. The Property is ideally positioned in an unparalleled West Los Angeles location, often referred to as one of the most desirable neighborhoods in all of Los Angeles. Tenants are situated minutes away from Westwood Village, UCLA, Century City, Beverly Hills, Brentwood, the 405 Freeway and I-10 Freeway. The Property is Very Walkable and conveniently located amongst countless amenities including restaurants, shopping, entertainment venues, fitness centers, and much more. Further, the Property is centrally located near major employment centers and nearby the new Google office campus in West LA. 1600 Camden offers an investor the opportunity to purchase a well-maintained, income generating asset with recent capital expenditures and additional upside in rents.
See more
FeaturesGeneralHeating Central
Cooling CentralAir
Appliances Dishwasher Refrigerator Dryer Washer
Zoning LAR3
Year Built 1985
Levels MultiSplit
Gross Income 396365.0
County Los Angeles
Net Operating Income 290911.0
New Construction N
Property Type ResidentialIncome
Home Owner Assoc N
Attached Garage N
Garage Y/N N
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions North of Santa Monica Blvd South of Wilshire Blvd
City Los Angeles
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 8
MLS Area C05 - Westwood - Century City
Lot Size Units SquareFeet
Lot Size Square Feet 7648.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 98
Standard Status Active
Cap Rate 4.85
See more
ExteriorParking Features Gated
Total Parking 16.0
Lot Size Area 7648.0
Number of Buildings 1
Spa N
Building Area Total 9918.0
Lot Size Acres 0.1756
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
InteriorTotal Stories 0
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 16
Electric On Property Y/N N
Total Baths 16
See more
* Excluded FeaturesList ByKidder Mathews Of California, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $35,934
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $2,055,802
Percent of Sale Price 66%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
5/7/2024 | $6,000,000 | | Listed Price |