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$8,795,000
25 bed
13,861 Sqft
9,136 Sqft lot

1248 1242 Mcclellan Drive, Los Angeles, California 90025

  • Residential Income Property Type
  • 3 Days Time on market
  • $635 Price per sqft
  • 1987 Year Built
Property Description

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.

Basic Details
Residential Income
Buy
24408753
$8,795,000
25
13,861 Sqft
1987
9,136 Sqft
Pending
Condos/Co-ops
Features
: Central
: Central Air
: Living Room
: Dishwasher, Microwave
32
$0
Address
CA
Los Angeles
Los Angeles
90025
1248 1242 Mcclellan Drive
1248 1242
Drive
0
W119° 31' 50.5''
N34° 2' 26.9''
Additional Information
3
3
25
: Multi/split
1
: Common Area
13,861 Sqft
0 Sqft
0 Sqft
: Assessor
0.21 Sqft
9,136 Sqft
1
0 Sqft
LAR3
4267036039
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
24/07/2024
24/07/2024 00:00:00
$0
: Standard
Just South of Wilshire Blvd. and East of Centinela. A block away from Brentwood
Remax Commercial and Investment Realty
Jonathan Taksa
CLW-X7538301
CLW-X90025
$0
4.78
: Wood
1
1
1
0
0
1
1
17
634728
US-06037-N-4267036039-R-N
26/06/2024 22:34:02
Mcclellan
WLA - West Los Angeles
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