California / Los Angeles / 90034 / 3102 South Durango Avenue

3102 South Durango Avenue

Q: What is the asking price for 3102 South Durango Avenue in Los Angeles?

The asking price for 3102 South Durango Avenue is $2,599,000

Q: What is the building size of this Multifamily property in Los Angeles, CA?

The size of the building/unit at 3102 South Durango Avenue in Los Angeles is 6,546 square feet.

Q: How much land does the Los Angeles, CA property at 3102 South Durango Avenue include?

3102 South Durango Avenue in Los Angeles includes 0.183 acres of land.

Q: What is the population within 1 mile of 3102 South Durango Avenue?

The population within 1 mile of 3102 South Durango Avenue Los Angeles, CA 90034 is 36,015 people.

Q: Who do I contact for questions about 3102 South Durango Avenue?

You should contact the listing agent, Eliza Kerndian, for any details regarding this commercial listing.

Los Angeles, CA 90034

Listing ID: 269945

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Building Size: 6,546 SF

Lot Size: 0.183 AC

Land Size: 7,964 SF

Building $/SF: $397.04

Land $/SF: $326.34

Price

$2,599,000

Property Highlights

8 Units 6x1 Bedroom, 2x2 Bedroom

15.7 GRM

In very desirable Palms area

Located close to new Apple office location in Culver City

$166,824 Gross Annual Income

Ample gated parking for tenants

Culver City adjacent

Description

We are pleased to present for sale, this Eight (8) unit investment opportunity at 3102 South Durango Avenue. The subject property is located in the very desirable Palms/ Beverly Hills/Culver City/Cheviot Hills-adjacent market of West Los Angeles. 1973 construction with a great unit mix - Two 2 x 2, and Six 1 x 1 apartments. This building is situated on a large 7964 Sq. Ft of area lot, R-3 Zone, Property features include a large parcel of land, mature landscaping, on site laundry facilities, separate gas/ electrical meters and gated parking for 10 vehicles. This property is close to shopping, dining, school, and entertainment hot spots in Venice and Culver City. This offering provides a great opportunity for an investor to be in a prime Palms location with potential to raise rents and increase value. Situated just a few blocks from the new hip & vibrant downtown Culver City, historic buildings, boutiques, theaters, galleries, restaurants, Farmer's Mkt & Expo line

Attachments & Files

offeringmemorandum-7-709-V0O.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Los Angeles History of Multifamily Housing for Sale

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Listing Demographics for 3102 South Durango Avenue Los Angeles, CA 90034

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		36,015	308,976	857,253
Population Median Age		38	39	39
Population by Age	0-9 Yrs	2803 (7%)	29430 (9%)	80020 (9%)
	10-19 Yrs	2899 (8%)	27826 (9%)	83723 (9%)
	20-29 Yrs	7382 (20%)	52778 (17%)	153876 (17%)
	30-39 Yrs	8077 (22%)	55071 (17%)	152978 (17%)
	40-49 Yrs	5344 (14%)	45426 (14%)	117509 (13%)
	50-59 Yrs	3861 (10%)	36924 (11%)	101976 (11%)
	60-69 Yrs	3114 (8%)	30205 (9%)	83441 (9%)
	70+ Yrs	2535 (7%)	31317 (10%)	83730 (9%)

Median HH Income		$83,053	$78,322	$77,179
Total Household Income	< 24K	2154 (13%)	22592 (16%)	66810 (18%)
	25-49K	2764 (16%)	21442 (15%)	60575 (16%)
	50-74K	2469 (15%)	20960 (15%)	52591 (14%)
	75-99K	2444 (14%)	16967 (12%)	42531 (11%)
	100-199K	4293 (26%)	32960 (24%)	89563 (24%)
	200K+	2225 (13%)	19578 (14%)	55298 (15%)

Highest Education Level	No Diploma	2354	25119	67427
	Diploma or GED	2988	28834	80931
	Some College	4648	39924	109442
	Assoc. Degree	1579	12599	36497
	Bachelors Degree	9411	72463	200285
	Higher Degree	6952	53626	133867

Total Housing Units		17,807	148,346	404,119
--Owner-Occupied		4,283	46,041	126,016
--Renter-Occupied		12,067	88,459	241,351
Owner-Occupied Values	< 100K	70	704	2020
	100-199K	39	366	1147
	200-299K	38	815	2481
	300-399K	137	1847	5495
	400-499K	118	2273	7846
	500K+	3880	40036	107027

Total Working Age Population		31,366	261,596	732,622
In Work Force		23,884	182,461	503,447
Not In Work Force		7,482	79,135	229,175
Workforce Employed		23,038	173,596	474,555
Workforce Unemployed		846	8,799	28,451
Civlian Workforce		23,884	182,395	503,006
Military Workforce		0	66	441

Total Households		16,350	134,500	367,368
Family Households		7,006	66,119	174,082
Non-Family Households		9,344	68,381	193,286
Married Couple		5,288	47,639	122,563
Other Family		1,718	18,480	51,519
Married w/Child		2,228	19,949	48,322
Single Male w/Child		111	2,071	5,792
Single Female w/Child		454	4,853	14,400

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Los Angeles County	9,519,338	+3	9,818,605	+6	10,369,367	+4	10,759,850

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 3102 South Durango Avenue in Los Angeles?

The asking price for 3102 South Durango Avenue is $2,599,000

What is the building size of this Multifamily property in Los Angeles, CA?

The size of the building/unit at 3102 South Durango Avenue in Los Angeles is 6,546 square feet

How much land does the Los Angeles, CA property at 3102 South Durango Avenue include?

3102 South Durango Avenue in Los Angeles includes 0.183 acres of land

What is the population within 1 mile of 3102 South Durango Avenue in Los Angeles?

The population within 1 mile of 3102 South Durango Avenue Los Angeles, CA 90034 is 36,015 people.

Who do I contact for questions about 3102 South Durango Avenue?

You should contact the listing agent, Eliza Kerndian, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Los Angeles International Airport (LAX)	6
John Wayne Airport-Orange County Airport (SNA)	39
Ontario International Airport (ONT)	45