7234 S La Cienega Boulevard
Inglewood, CA 90302
0.76 acres | #SB24161163
Description
7234 S La Cienega Blvd & 811 Austin Ave are a wonderful
opportunity to purchase a corner lot (two parcels totaling
33,173 sqft ), priced at only $180/sqft (lot size). Take advantage
of this future development opportunity while collecting
income - offset cost of development! Build 30 units by right or
up to 60 units using affordable housing density bonuses.*
The buildings are composed of 18 units with a mix of (8)
2Bed+2Bath+Den, (2) 2Bed+1Bath and (8) 1Bed+1Bath units. 811
Austin Ave is an eight unit building currently collecting
$20,210/gross monthly.
Beneficial to the new buyer, the subject properties are located
10 minutes away from the brand new SoFi Stadium, Intuit
Dome, Kia Forum and Hollywood Park Development. Build in
one of the fastest growing pockets in Los Angeles!
*Buyer to confirm information*
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Stories1
Measurements
- Acres0.7615
Parking
- Parking Spaces18
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1953
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$5,999,950
Other
- MLS #SB24161163
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Michael Padilla (#SBPADIMIC)
Listing Office: Lyon Stahl Investment Real Estate, Inc. (#SB1310620)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.