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$6,681,000
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Property Description
We are pleased to present a prestigious opportunity to acquire a true pride of ownership property in one of the best rental locations in prime West Los Angeles. 3355 Manning Avenue, known as Cheviot Lanai, has been lovingly cared for, operated and managed by the same family since it was built by them in 1956. The beautiful open courtyard property boasts an ideal unit mix consisting of all large 1, 2, and 3-bedroom units. Each of the units is extremely spacious, has a terrific floor plan, and offers an abundance of natural light. The property is an ideal mid-century gem situated on nearly a half acre of land zoned R3. Units feature hardwood floors (select units), spacious kitchens/bedrooms/bathrooms, large balconies, and an in-unit washer and dryer (select units). The units that do not have a washer and dryer have laundry hookups for them (except the 1-bedroom unit). Other property features include a well landscaped courtyard with a large sparkling pool, copper plumbing, intercom entrance, a pitched roof, and ample on-site parking. All soft story retrofit work has been completed by ownership. Close to some of the Westside's best dining and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best pockets of the Westside.
Full Property Details
Full Property Details for 3355 Manning Ave
General
- Sold For: $6,681,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 24-374973
- Added to Site: 695 day(s) ago
Interior
- Cooking Appliances: Cooktop - Gas, Gas, Oven-Gas
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 19
Bedrooms
- Total Bedrooms: 36
Additional Information
- Other Features: None
Parking
- Garage Description: Assigned, Covered Parking
Location
- Area: Cheviot Hills - Rancho Park
- County: Los Angeles
- Driving Directions: Great West LA location near Cheviot Hills
Heating & Cooling
- Cooling Type: Window Unit(s), Other
- Heating Type: Natural Gas, Forced Air
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 17,849
- Sq. Ft. Source: Assessor
- Year Built: 1956
- Year Built Source: Assessor
Unit Information
- Units in Complex: 18
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.509
- Lot Size: 22174
- Lot Size Source: Assessor
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $408.99
- Assessment Year: 1956
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 4316-032-006
Listed by Remax Commercial and Investment Realty, Jonathan Taksa
Sold by Out Of Area, OUT OF AREA
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Schools
Schools serving 3355 Manning Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Palms Elementary School, Los Angeles, CA 3520 Motor Avenue, Los Angeles, CA 90034 | K-5 | 0.3 mi |
Palms Middle School 10860 Woodbine Street, Los Angeles, CA 90034 | 6-8 | 0.8 mi |
Alexander Hamilton Senior High School 2955 South Robertson Boulevard, Los Angeles, CA 90034 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3355 Manning Ave
Date
Details
Price
Change
Source
6/14/2024
Sold
$6,681,000
-8.48%
MLS
4/01/2024
Listed
$7,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3355 Manning Ave, Los Angeles, CA 90064 (MLS# 24-374973) is a Multi-Family property that was sold at $6,681,000 on June 14, 2024. Want to learn more about 3355 Manning Ave? Do you have questions about finding other Multi-Family real estate for sale in Cheviot Hills? You can browse all Cheviot Hills real estate or contact a Coldwell Banker agent to request more information.

