3355 Manning Ave, Los Angeles, CA 90064

$7,300,000
36
BD
19
BA
17,849
SqFt
List Price
$7,300,000
MLS#
24-374973
Year Built
1956
Bedrooms
36
Bathrooms
19
Living Sq. Ft
17,849
Lot Size
22,174
Days on Market
19
Property Type
Multifamily
Stories
2

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.

Additional Information

Other Buildings
None
Heat
Natural Gas, Forced Air
Cooling
Window Unit(s), Other
Number of Cars in Garage
Assigned, Covered Parking

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa - CA DRE#01366169

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