7234 S La Cienega Boulevard

Inglewood, CA 90302
$5,999,950
0.76 acres | #SB24161163
Courtesy of Lyon Stahl Investment Real Estate, Inc.

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
      • Stories:1
      • Lot description:ZeroToOneUnitAcre
      • Acres:0.7615
      • Parking spaces:18
      • Property type:Multi-Family
      • Year built:1953
      • Sewer information:PublicSewer
      • Utility source:Public
      • County:Los Angeles
      • Original List Price:$5, 999, 950
      • MLS #:SB24161163
      • Cost:5999950
      • Property subtype:Apartment
      • MLS #:SB24161163

Location

The Alcantara GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00