Closed

10810 Palms Boulevard

Los Angeles CA, 90034

$10,500,000


$411.38 per sqft

Closed

24 Beds

25 Baths

25,524 sqft

Residential

Built in 2013

Listed by James Muske with Coldwell Banker Realty 310-777-6200

Extremely well-maintained 25-unit building has oversized units with stunning contemporary interiors, polished concrete floors & modern condo-quality designer finishes. Wonderful open floorplans, gourmet kitchens, custom countertops, designer cabinetry, stainless steel appliances, washer & dryer in every unit, and most have large balconies. On-site fitness center, rooftop lounge with views, beautiful landscaping, electronic phone-activated entry system, pre-wired for broadband and networking. Solar power for house electric. RUBS for gas, water, sewer, trash and recycling. RUBS is grandfathered in for this building. MAJOR UPSIDE POTENTIAL FOR RAISING CAP RATE. Rents have not been raised in approximately three and a half years. 40% of the building is currently eligible for 10% rent increases which will raise the Cap Rate. This building is NOT rent controlled, so rents can be raised more than 10%. Seller owns all appliances, including washer/dryers, microwaves, range/ovens, dishwashers and refrigerators. Beautiful, clean building, convenient location. True pride of ownership.

23243037

MLS ID

February 18, 2023

Listed

May 25, 2024

Updated

Map

10810 Palms Boulevard
Los Angeles CA, 90034

Interior Features

Total Stories

4


Bedrooms

24


Total Bathrooms

25


Appliances

Built-In, Dishwasher, Disposal, Microwave, Oven, Range, Dryer, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.34 Acres


Architectual Style

Contemporary


Sewer

Other

Other Property Details

Area Name

C13 - Palms - Mar Vista


Days on Market

27


Garage

No


Parking

Assigned, Controlled Entrance, Private


Parking Total

25


View

Yes


View Description

City Lights


County

Los Angeles


Pool

No


Zoning

LAR3


Buyer Agency Compensation

1.5%

Listing History

Date

Event

Price

5/18/2023

Sold

$10,500,000

Listing Contact: 310-777-6200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/25/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/25/2024 at 2:15 AM UTC

 

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