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

Powered byLuxury Presence