Bought with Steven Mullins
$4,416,000
$5,500,000
19.7%For more information regarding the value of a property, please contact us for a free consultation.
0.33 Acres Lot
SOLD DATE : 08/27/2025
Key Details
Sold Price $4,416,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPV25095628
Sold Date 08/27/25
Style Traditional
Year Built 1954
Lot Size 0.331 Acres
Source California Regional MLS
Property Description
Great price reduction on an exceptional opportunity to own a beautifully maintained gated income property in the heart of Malaga Cove! Just steps to the iconic Malaga Cove Library and charming Malaga Cove Plaza. Wide-open outdoor space with some ocean views. Four of the units have huge private patios with neighborhood and ocean views. Ten units in total, consisting of 6 two-bedroom one baths, 3 one-bedroom one bath, and 1 two-bedroom two bath owners' unit. Each unit has a one-car garage and one car parking space in front of the garage. The property has a good-sized community laundry room. The location is exceptional, with a scenic walking trail to the beach and the Hollywood Riviera. Excellent school district. Whether you choose to keep it as-is or renovate for premium market rents, this property offers strong income potential and excellent long-term upside.
Location
State CA
County Los Angeles
Area 163 - Malaga Cove
Interior
Heating Forced Air, Wall Furnace
Cooling None
Laundry Community Facility
Exterior
Garage Spaces 10.0
Pool 31, None
View Local/Neighborhood, Ocean
Roof Type Tile
Building
Water District - Public
Architectural Style Traditional
Others
Tax ID 7539021007
Special Listing Condition Not Applicable
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

© 2025 MLSListings Inc. All rights reserved.
GET MORE INFORMATION
REALTOR® | Lic# DRE 01959374