2005 Talmadge St

Los Angeles, CA, 90027

$6,450,000

$595 per ft²
$6,450,000
$595 per ft²
Active
Active
 - For Sale
beds
18 Beds
baths
16 Baths
carpenters-square
10,826 ft²
property_type
Multi-family
calendar
Built 1953
2005 Talmadge Street is a 16-Unit apartment community located in the Los Feliz sub-market. The offering provides investors with a unique opportunity to acquire a stable asset in a premier Los Angeles rental market with meaningful long-term capital appreciation. 2005 Talmadge Street, located on the corner of Finley Avenue and Talmadge Street, features an ideal unit composition of Fourteen (14) One-Bedroom | One-Bathroom units and Two (2) Two-Bedroom | One-Bathroom units. Units are accessed through a quiet and open-air courtyard. In all, 2005 Talmadge Street boasts 10,826 SF of improvements on a 13,482 SF lot, zoned LAR2. The property is fully parked with a total of 16 spaces. Los Feliz always has and remains a premier rental destination in Los Angeles and commands rents comparable to many Westside and beach communities. 2005 Talmadge is a short walk from many happening coffee shops and dining options and a short drive from the City's primary employers in Hollywood and Downtown Los Angeles. In 2019 - 2020, ownership conducted a complete interior make-over of 8 of the 16 units. Various improvements include updated bathrooms and kitchens, modern countertops and tilework, new attractive flooring, mini-splits air conditioning units in living rooms and bedrooms, and in-unit washers/dryers. Additionally, the mandatory soft-story was fully completed, and the Certificate of Compliance was issued in 2022. 2005 Talmadge Street also features a common area laundry room and central boiler. Gas and electrical utilities are separately metered.
MLS® ID:
22-205597
Listed:
10/3/22
Updated:
12/7/22

Interior Features

Total Bedrooms
18
Total Bathrooms
16
Cooling
Other
Heating
Wall

Exterior/Building Features

Lot Size
0.31 acres lot
Exterior Features
None

Other Property Details

Garage
Yes
Parking
Garage, Parking Space
Parking Total
16.0
View
N
County
Los Angeles
Pool
No
Total Stories
2
Zoning
LAR2

Courtesy of KW Commercial Studio City, Nick Astrupgaard,
Listing Contact:  

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©2022 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/7/22

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