4077 McLaughlin Avenue

Los Angeles, CA 90066

$3,730,000
Last Sold Price
13
Beds
12
Baths
8,156 Sq. Ft.
$457 / Sq. Ft.
8,156
Sq. Ft.
$457
per Sq. Ft.

Description

Ten units in the quiet residential area of Mar Vista. 4077 McLaughlin boasts an excellent unit mix of 7 (1+1), 1 (2+1) & 2 (2+2) renovated units with a high in place CAP Rate of 4.7%. All of the advantages of beach living (minutes from Venice Beach and Marina Del Rey) and located in proximity to the burgeoning Los Angeles tech hubs of Silicon Beach and Downtown Culver City. Property has a 70 Walk Score (Very Walkable), Excellent Transit and a 95 Bike Score (Bikers Paradise). Close to the Expo Line...Ten units in the quiet residential area of Mar Vista. 4077 McLaughlin boasts an excellent unit mix of 7 (1+1), 1 (2+1) & 2 (2+2) renovated units with a high in place CAP Rate of 4.7%. All of the advantages of beach living (minutes from Venice Beach and Marina Del Rey) and located in proximity to the burgeoning Los Angeles tech hubs of Silicon Beach and Downtown Culver City. Property has a 70 Walk Score (Very Walkable), Excellent Transit and a 95 Bike Score (Bikers Paradise). Close to the Expo Line running through Mar Vista which connects Santa Monica to Downtown LA. Please contact us for a Marketing Package. Buyer to conduct their own due diligence. Property requires soft story retrofit. Please paste the following link into your browser for a virtual tour https://my.matterport.com/show/? m=k7RT2Xuukxh
  1. Listed by Kelly Morgan • DRE #01898026 • Brokerage DRE #01854200 • Keller Williams-Santa Monica

Property Details for 4077 McLaughlin Avenue

Zoning
LAR3
Parcel Number
4233008003
Total Units
10.0
Living Area
8156
Source Living Area
Vendor Enhanced
Area
Palms - Mar Vista (C13)
Vacancy Rate
0
Lot Size Area
7104

Location

Listing Courtesy of Keller Williams-Santa Monica, Kelly Morgan, DRE #01898026

Sold By Keller Williams-Santa Monica, Kelly Morgan, DRE #01898026

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LISTING UPDATED: 06/22/2021 08:59 AM

Property Details for 4077 McLaughlin Avenue

StatusSold
MLS #20-667408
Days on Market180
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size0.16 AC / 7,104 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams-Santa Monica, Kelly Morgan, DRE #01898026

Sold By Keller Williams-Santa Monica, Kelly Morgan, DRE #01898026

Add your commute

Virtual Tour

Building Information for 4077 McLaughlin Avenue

Stories2Residences-Year Built1964Building Size-Lot Size0.16 AC / 7,104 SF

Payment Calculator

$24,341 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,356

Property Taxes

$3,985

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4077 McLaughlin Avenue

Community / Development
Community / Development
  • Number Of Units: 10
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $248,677
  • Net Operating Income: $176,674.00
  • Gross Income: $256,368
  • Cap Rate: 4.70%
  • Gross Rent Multiplier: $14.78
  • Actual Annual Gross Rent: $254,004.84
  • Actual Gross Annual Income: $256,368
  • Actual Rent Total: $254,004.84
  • Financial Info as Of: 04/09/2021
  • Vacancy Allow Dollar: $7,691.00
  • Vacancy Allow Percent: 3.00%
  • Total Annual Expense: 72003
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1631
  • Lot Size Square Feet: 7104
Parking Details
Parking Details
  • Parking Garage: Carport
  • Total Parking: 14
  • Parking Features: Carport
Interior Features
Interior Features
  • Cooling: None
  • Cooling Type: None
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-04-2020
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,300.00
  • Unit Actual Rent: $2,300.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,026.00
  • Unit Actual Rent: $2,026.00
  • Unit Projected Rent: $2,850.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $2,495.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,329.00
  • Unit Actual Rent: $2,495.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,995.00
  • Unit Actual Rent: $2,495.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,150.00
  • Unit Actual Rent: $2,150.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,142.00
  • Unit Actual Rent: $2,142.00
  • Unit Projected Rent: $2,850.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,100.00
  • Unit Actual Rent: $2,116.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit 9 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,177.00
  • Unit Actual Rent: $2,177.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit 10 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,847.00
  • Unit Actual Rent: $1,847.00
  • Unit Projected Rent: $2,495.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $346,319.00
  • Assessed Improvement Percent: 27.27
  • Assessed Land Value: $923,524.00
  • Assessed Land Percent: 72.73
  • Assessed Total Value: $1,269,843.00

Property History for 4077 McLaughlin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4077 McLaughlin Avenue

Taxable ValueLand$3,537,360Additions$343,432Total$3,880,792
Tax Record2023$47,818 ($3,985 / month)
Home Facts
Total Finished SqFt8,156 SqFtAbove Grade Finished SqFt8,156 SqFtLot Size7,104 SqFtStyleMulti-Family Res (5+ Units)Year Built1964ZoningLAR3CountyLOS ANGELESAPN4233-008-003

Schools near 4077 McLaughlin Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Grand View Boulevard Elementary School
PublicK to 5

Marina Del Rey Middle School
Public6 to 8

Venice Senior High School
Public9 to 12

Icef Vista Middle Academy
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams-Santa Monica, Kelly Morgan, DRE #01898026

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.