Sold

3001 Petite Ct

Los Angeles CA, 90039

$4,000,000


$314.96 per sqft

Sold

32 Beds

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

March 18, 2024

Updated

Map

3001 Petite Ct
Los Angeles CA, 90039

Interior Features

Total Stories

2


Bedrooms

32 Beds


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 3/18/2024

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