5810 San Vicente BLVD, Los Angeles, CA 90019
5810 San Vicente BLVD, Los Angeles, CA 90019
5810 San Vicente BLVD, Los Angeles, CA 90019
5810 San Vicente BLVD, Los Angeles, CA 90019
5810 San Vicente BLVD, Los Angeles, CA 90019
5810 San Vicente BLVD, Los Angeles, CA 90019
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Denise West

Denise West

+1(805) 390-4142
$ 4,250,000
Est. payment | /mo

15 Beds

14 Baths

10,147 SqFt

Save
$ 4,250,000
Est. payment | /mo
Save

15 Beds

14 Baths

10,147 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 10,147 sqft

Price per Sqft $418

MLS Listing ID 26880445

Bedrooms 15

HOA Y/N No

Year Built 1958

Lot Size 9,326 Sqft

Property Description

5810 San Vicente Boulevard, "The Wick", is a meticulously maintained fourteen-unit property comprised of (2) studios, (9) one bed-one bath, and (3) two bed-one bath units. Built in 1958, the property has had extensive capital improvements and renovations completed within the last 5 years, allowing new ownership to take advantage of a well stabilized, cash flowing asset. Improvements include 12/14 units remodeled, completed soft story retrofit, and new plumbing and electric. The Wick is priced at a 7.00% cap rate and 9.90 GRM with an upside to an 8.52% cap rate and upside to a 8.77 GRM at market rents. In addition, the property has eight parking spaces and storage that can be rented for additional income.

Location

State CA

County Los Angeles

Area C19 - Beverly Center-Miracle Mile

Zoning LAR3

Interior

Heating Baseboard

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher

Exterior

Parking Features Assigned

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5085023021

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Douglas Steinriede Dover Management Corp. #00284936
Denise West

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(805) 390-4142

denisewestrealtor@gmail.com

3020 Old Ranch Parkway Suite 250, Seal Beach, CA 90740, US

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5810 San Vicente BLVD