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1218 McClellan Dr, Los Angeles, CA 90025
$4,965,000
1218 McClellan Dr, Los Angeles, CA 90025View this property at 1218 McClellan Dr, Los Angeles, CA 90025
1218 McClellan DrLos AngelesCA90025
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Property Description
1218 McClellan Dr is a 16-unit apartment building in a prime West Los Angeles location. The property was built in 1972 with a unit mix comprised of one studio, fourteen large one-bedroom one-bathroom, and one two-bedroom one-bathroom unit. The building is 11,758 sqft on an 8,714 sqft lot zoned LAC2. Amenities include controlled access and gated parking. The building's extremely desirable location demands premium rents upon turnover of units, as this is one block south of Brentwood and one block east of Santa Monica. Within proximity are grocery stores, such as Ralphs, Smart & Final, Bristol Farms, Erewhon Market, and many restaurants, coffee shops, and bars. EXCELLENT LOCATION - WALK SCORE = 93 - 'WALKER'S PARADISE - DAILY ERRANDS DO NOT REQUIRE A CAR'. UNIT MIX CONSISTING OF MOSTLY LARGE 1-BEDROOM UNITS - AVG 735 SQFT. AMENITIES INCLUDE CONTROLLED ACCESS ENTRY AND GATED PARKING. RARE MID-SIZED ASSET - FIRST TIME ON THE MARKET IN 50 YEARS. APPROXIMATELY 23.5% POTENTIAL RENTAL UPSIDE UPON TURNOVER.
Full Property Details
Full Property Details for 1218 McClellan Dr
General
- Sold For: $4,965,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 24-344813
- Added to Site: 126 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 16
Bedrooms
- Total Bedrooms: 16
Additional Information
- Other Features: None
Parking
- Garage Description: Gated
Location
- Area: West L.A.
- County: Los Angeles
- Driving Directions: South of Wilshire Blvd, between Centinela Ave and Bundy Dr.
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 11,758
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1972
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 16
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.2001
- Lot Size: 8717
- Lot Size Source: Vendor Enhanced
- Zoning: LAC2
Financial Considerations
- Price Per Sq. Ft.: $501.79
- Assessment Year: 1972
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 4267-036-004
Listed and Sold by Marcus & Millichap, Benjamin Lewin
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Schools
Schools serving 1218 McClellan Dr
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1309 Armacost Ave, Los Angeles, CA 90025 | K-5 | 0.4 mi | |
1650 Selby Ave, Los Angeles, CA 90024 | 6-8 | 2.1 mi | |
11800 Texas Ave, Los Angeles, CA 90025 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1218 McClellan Dr
Date
Details
Price
Change
Source
4/04/2024
Sold
$4,965,000
-15.85%
MLS
1/08/2024
Listed
$5,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1218 McClellan Dr, Los Angeles, CA 90025 (MLS# 24-344813) is a Multi-Family property that was sold at $4,965,000 on April 04, 2024. Want to learn more about 1218 McClellan Dr? Do you have questions about finding other Multi-Family real estate for sale in West Los Angeles? You can browse all West Los Angeles real estate or contact a Coldwell Banker agent to request more information.