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1248 Mcclellan Drive

Los Angeles, CA 90025

$8,524,375 Sale Price
Est. Payment: $ 0/mo
25
Bed
0
Bath
13,861 Sq. Ft.
$635 / Sq. Ft.
Sold

1248 Mcclellan Drive

Los Angeles, CA 90025

Sold
$8,524,375 Sale Price
$0/mo
25
Bed
0
Bath
13,861
Sq. Ft.
We are pleased to present an incredibly unique investment opportunity in LA's vibrant Westside. 1242 McClellan Drive (legal address 1248 McClellan Drive) consists of 17 striking units ideally located just a block away from the famed enclave of Brentwood. Having been built in 1987, it is NOT subject to the City of Los Angeles' Rent Stabilization Ordinance (AB 1482 applies). The property consists of one building with three floors of residential units over one level of gated subterranean parking (exempt from seismic soft story retrofit). The ideal unit mix consists of eight 2-bedroom, 2-bathroom units and nine 1-bedroom,1-bathroom units. Interiors have been finished with beautiful pergo or carpet flooring, modern cabinetry, and upgraded kitchens and bathrooms with quartz or granite countertops. The building offers its residents a lushly landscaped facade, an intercom entry system, balconies, an on-site laundry room (machines owned by the Seller), and ample gated parking (32 total spaces). Unit features include a fireplace (most units), central HV/AC, large bedrooms, walk-in closets, and dynamite floor plans flooded with natural light. Select upper units have high vaulted ceilings. This property is only a block from the prestigious community of Brentwood, just one block south of Wilshire Boulevard. In close proximity to some of the best high-end dining, retail, and nightlife, this rare offering presents an astute investor with the unique opportunity to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.
PROPERTY INFORMATION
MLS # 24408753 Lot Size 9,136 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 8,795,000
Price Per SqFt: $ 635
DOM 313 Days
Address 1248 Mcclellan Drive Type Residential Income
City Los Angeles Sq.Ft. 13,861 Sq. Ft.
Postal Code 90025 Garage N/A
County Los Angeles Year Built 1987
Bed / Bath 25 / 0 Parking 32
Built In 1987 Status Closed
Sold Date 2024-07-30
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Community
Has Fireplace Yes
Fireplace Information Living Room
Has Appliances Yes
Kitchen Appliances Dishwasher, Microwave
Has Heating Yes
Heating Information Central
Has Cooling Yes
Cooling Information Central Air
Flooring Information Wood
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $9,381
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
06/26/2024 Listed $8,795,000
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

Questions? Contact today.

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Listing provided courtesy of Jonathan Taksa, Remax Commercial and Investment Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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