811 Austin Ave, Inglewood, CA 90302
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Listed Price :
$5,999,999
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
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Year Built :
1966
Property Description
811 Austin Ave & 7234 S La Cienega Blvd are a wonderful opportunity to purchase a corner lot (two parcels totaling 33,173 sqft). 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. 7234 S La Cienega Blvd is a ten unit building with 5 units available for immediate rental upside! Add three ADU's*. Take advantage of this future development opportunity while collecting income - offset cost of development! Build 30 units by right or increase unit amount with affordable housing density bonuses.* 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.
See Listing Supplements (OM)
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
811 Austin Ave |
City |
Inglewood |
State |
CA |
Zip |
90302 |
County |
Los Angeles |
Listing Agent |
Michael Padilla DRE #01993341 |
Courtesy Of |
Lyon Stahl Investment Real Estate, Inc. |
List Price |
$5,999,999 |
Status |
Active |
Type |
Residential Income |
Subtype |
Apartment |
Structure Size |
N/A |
Lot Size |
33,173 |
Year Built |
1966 |
Listing information courtesy of: Michael Padilla, Lyon Stahl Investment Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Apr 9th, 2024 at 11:41 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.