6900 Knowlton Place

Los Angeles, CA 90045

About this property

Don't miss this R3 zoned corner lot opportunity in the sought after Westchester neighborhood! 6900 Knowlton Place is a 6-unit apartment community consisting of all two-bedroom one-bath units. The ownership is offering this residential asset to the market, providing investors with immediate cash flow and a clear path to value creation through operational improvements. Constructed in 1987, this 5,097 square foot community sits on a 7,288sq ft lot with landscaped grounds, a common area laundry room and a tandem parking lot allowing parking for 2 vehicles per unit. While all unit interiors are upgraded, some units also feature in-unit laundry and mini split AC systems. While there is a secured yard area that all tenants can enjoy, one unit also has it's own private yard. There are many exciting developments in the neighborhood such as high end condominiums and a variety of shops and restaurants just minutes away. The property location also allows for easy access to the 405, LAX, Silicon Beach, Culver City and entertainment attractions such as SoFi Stadium, Kia Forum, Intuit Dome and Hollywood Park Casino in Inglewood.

About this property

Don't miss this R3 zoned corner lot opportunity in the sought after Westchester neighborhood! 6900 Knowlton Place is a 6-unit apartment community consisting of all two-bedroom one-bath units. The ownership is offering this residential asset to the market, providing investors with immediate cash flow and a clear path to value creation through operational improvements. Constructed in 1987, this 5,097 square foot community sits on a 7,288sq ft lot with landscaped grounds, a common area laundry room and a tandem parking lot allowing parking for 2 vehicles per unit. While all unit interiors are upgraded, some units also feature in-unit laundry and mini split AC systems. While there is a secured yard area that all tenants can enjoy, one unit also has it's own private yard. There are many exciting developments in the neighborhood such as high end condominiums and a variety of shops and restaurants just minutes away. The property location also allows for easy access to the 405, LAX, Silicon Beach, Culver City and entertainment attractions such as SoFi Stadium, Kia Forum, Intuit Dome and Hollywood Park Casino in Inglewood.

Features and Additional Information

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$2,098,000 Active
5,097 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
ADW Management USA, Inc.
1-310-333-0860
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Area Information

C29 Westchester | Los Angeles County |

$ 2,098,000
This listing is play_arrow 55.5% higher than the average in the area
$ 1,349,000 in the area
5,097 SqFt
This listing is play_arrow 176.3% larger than the average in the area
1,845 SqFt in the area
$ 412 $/SqFt
This listing is play_arrow 43.7% less than the average in the area
$ 731 $/SqFt in the area
108 days on site
This listing is play_arrow 27.1% above the average in the area
85 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Mariko Artis
Brokerage: ADW Management USA, Inc.

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