Sold
1248 Mcclellan Dr
Los Angeles CA, 90025
$8,524,375
$614.99 per sqft
Sold
25 Beds
25 Baths
13,861 sqft
Multi-family
Built in 1987
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.
24-408753
MLSⓇ ID
June 26, 2024
Listed
October 2, 2024
Updated
Map
1248 Mcclellan Dr
Los Angeles CA, 90025
Interior Features
Total Stories
3
Bedrooms
25
Total Bathrooms
25
Appliances
Built-Ins, Intercom, Microwave, Dishwasher
Laundry Description
Community
Floor Description
Hardwood
Fireplace
Yes
Fireplace Description
Living Room
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.21 Acres
Other Property Details
Area Name
West L.A.
Days on Market
28
Garage
No
Parking
Assigned, Subterranean
Parking Total
32
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Listing History
Date | Event | Price |
---|---|---|
7/30/2024 | Sold | $8,524,375 |
7/24/2024 | Pending | — |
Listed by Jonathan Taksa with Remax Commercial and Investment Realty
Listing Contact: 310-968-5303
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Fitzgerald Walker Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 10/2/2024