3451 Beethoven St, Mar Vista
For Sale
3 UNITS
$2,000,000
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 Rosmarin
424.226.9449
DRE 02023847
Molly First
424.210.9129
DRE 02065583
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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.