Sold
3001 Petite Ct
Los Angeles CA, 90039
$4,000,000
$314.96 per sqft
Sold
32 Beds
16 Baths
12,700 sqft
Residential
Built in 1960
The LA Petite apartment investment is an ideal opportunity for an investor to take advantage of improving submarket fundamentals. Tenants enjoy being near retail, while having to drive only a short distance to freeway access. Another major advantage of the LA Petite is the ability increase the properties rental income to market levels under the rent control guidelines. The proper-ties rent levels are below market and al-low the new owner to take advantage of increasing rents to market levels over time. The property is located near major employment sectors of Los Angeles, near Atwater Village and Dodger Stadium. LA Petite investment opportunity offers projected long-term market stability, positive rental growth fundamentals, with tax and long-term appreciation benefits.
21-755218
MLSⓇ ID
June 30, 2021
Listed
May 9, 2024
Updated
Map
3001 Petite Ct
Los Angeles CA, 90039
Interior Features
Total Stories
2
Bedrooms
32
Total Bathrooms
16
Appliances
Refrigerator
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.45 Acres
Architectual Style
Other
Other Property Details
Area Name
Atwater
Days on Market
245
Garage
No
Parking
Assigned
Parking Total
19
View
No
County
Los Angeles
Pool
No
Zoning
LAR1
Listed by Peter Hauser with Avison Young – Southern CA LTD
Listing Contact: 213-935-7430
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 RSR Rogers Stellini Ritt Group 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 5/9/2024