Deal numbers
A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.
Property details
- Bedrooms
- 12
- Building size
- 9,389 sqft
- Lot size
- 9,757 sqft
- Year built
- 1970
- Stories
- 2
- Heating
- Wall Furnace
- Status
- Active
- Days on market
- 8
- MLS #
- 247607350
About this property
12320 Texas Avenue is a beautifully maintained 12-unit apartment building located in the heart of West Los Angeles, one of the most coveted neighborhoods in all of Los Angeles. The building offers residents the comfort of a quiet residential building with convenient access to the shopping, dining and recreation that make the Westside a desirable place to live. The property is well positioned for tenants who appreciate a neighborhood setting while staying connected to Santa Monica, Brentwood, Westwood, Century City and Culver City.12320 Texas Avenue features an appealing mix of ten one-bedroom, one-bath apartments and two two-bedroom, two-bath apartments. The residences offer spacious floor plans, abundant natural light and generous closet space, creating comfortable homes with room to relax, entertain and enjoy everydayliving. Air conditioning and stainless steel appliances add to the apartments' appeal, while on-site parking provides a valuable convenience for residents.The neighborhood also provides opportunities to enjoy the outdoors. Stoner Recreation Center offers a local place for recreation, and Santa Monica'sbeaches, parks and coastal paths are within easy reach. This access to both neighborhood amenities and the coast adds to the appeal of living on the Westside.The property's location is convenient to employment centers in Santa Monica, Century City, Westwood and Culver City. Residents also have access to the nearby Expo/Bundy E Line station, which connects West Los Angeles with Downtown Santa Monica and destinations farther east.For an investor, 12320 Texas Avenue presents an opportunity to own a terrific multifamily property in a prime West Los Angeles neighborhood filled with features tenants value. Paired with its quiet setting and convenient location, these qualities give the property broad appeal to residents seeking a comfortable home on the Westside.
Location
12320 Texas Avenue
Los Angeles, Los Angeles, CA, 90025