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3451 Beethoven St, Mar Vista

For Sale

3 UNITS

$2,000,000

1/24

PROPERTY LOCATION

3451 Beethoven St, Los Angeles, CA 90066, USA

PROPERTY DETAILS

Property Type

Multifamily

Units

Price/Unit

3

$666,667

Price/Sqft

$740.74

Building Sqft

2700

Lot Sqft

Current Cap Rate

5135

3.79%

Current GRM

19.00

Year Built

1961

Zoning

Market Cap Rate

LAR1

4.57%

Market GRM

15.72

CONTACT

LISTING TEAM

Nico.jpg

Nico Rosmarin

424.226.9449

DRE 02023847

Nico.jpg

Molly First

424.210.9129

DRE 02065583

Nico.jpg

INVESTMENT DESCRIPTION

Nico Rosmarin and Molly First of Lyon Stahl Investment Real Estate are proud to present 3451 Beethoven Street, Los Angeles 90066. This property is located right in the heart of the highly sought-after Mar Vista area. This triplex sits on a 5,135 square foot lot that is tucked away in a family-oriented neighborhood, yet walking distance to Penmar Golf Course, the Santa Monica Airport which will be converted into a park in a few short years and many delicious restaurants.

The triplex currently has one vacancy, the owner's unit, a 3 bedroom / 2 bathrooms. Buyers have the perfect situation to live with their family in their dream home, while adequately offsetting their mortgage payment. The owner's unit has new windows, a gas stove, fireplace, as well as a living and family room. The kitchens are beautifully kept and have been renovated. Moreover, there are (1) two car garage as well (1) single car garage, with the opportunity to potentially build an ADU to generate additional income and provide more value.