$1,457,500
$1,500,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
3,567 SqFt
SOLD DATE : 11/25/2024
Key Details
Sold Price $1,457,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,567 sqft
Price per Sqft $408
MLS Listing ID 24-423813
Sold Date 11/25/24
Style A-Frame
Bedrooms 7
Year Built 1955
Lot Size 7,893 Sqft
Acres 0.1812
Property Description
Development Dream Opportunity in Ladera/Westchester/Los Angeles! This property, zoned R3, is located in a dynamic and highly sought-after area, making it an ideal investment for developers. It offers a substantial buildable area, perfect for a larger multifamily residential project. With a generous lot size and significant allowable floor area, this parcel is poised to maximize your investment in a prime location. Property Details: Units 4; (2 x 2 Bedroom/1 Bath and 2 x 1 Bedroom/1 Bath) Features: Each unit includes in-unit washer & dryer hookups. Occupancy: Upon closing, 2 of the units will be delivered vacant, perfect for an owner-occupy buyer. Rent Status: All units are currently rented on a month-to-month basis. The property is conveniently located near the 405 freeway, LAX airport, shops, and restaurants, making it an attractive option for future tenants. Interior inspections will be subject to a written offer, loan approval, and proof of funds to close. Buyers are advised to do their due diligence regarding all information provided by the seller. The sellers are flexible and motivated, offering this property at a great value with endless possibilities. Please do not disturb the tenants.
Location
State CA
County Los Angeles
Area Westchester
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Central
Cooling None
Fireplaces Type None
Equipment None
Laundry In Unit
Exterior
Garage Garage
Garage Spaces 4.0
Roof Type Composition
Building
Lot Description 2-4 Lots
Architectural Style A-Frame
Level or Stories Multi/Split
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Jesse Weinberg