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Key Details
Sold Price $510,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV15223201
Sold Date 01/14/16
HOA Y/N No
Year Built 1922
Lot Size 5,619 Sqft
Property Description
Back on Market subject to current escrow cancelation ! 11,000 sq. ft.!!
This is a great income property located in the city of Los Angeles. A Developers/Investors dream. A charming four unit apartment building sitting on two APN numbers 10615 Avalon Blvd. (APN# 6063-028-027) and 10619 Avalon Blvd (APN# 6063-028-026), combined the lot size is 11,927 square foot! A HUGE LOT!!! The size of the lot is very rare and desirable in this area of Los Angeles. The property has 4 units. 2 units upstairs and 2 downstairs. All units have front and side access. The Quadruplex has a very desirable unit mix; 3, two bedrooms one bath and 1-1 bedroom, 1 dining room, and 1 bath. Each unit is approximately 913 square feet each. The property offers secure parking, and is centrally located within the heart of Los Angeles.The property is ideally located close to public transportation, shopping and major freeways (105 and 10 freeway).
There is another great feature that this property yields. Due to the zoning (LARD2) mixed with the lot size (11,927), another 2000 square foot dwelling can be built on the land for a total of 5 units! The property is great for transitional housing, group homes, ambulatory seniors, and Veterans.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LARD2
Interior
Interior Features Bedroom on Main Level
Heating Wall Furnace
Cooling None
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Exterior Feature Rain Gutters
Parking Features Asphalt, Gated, One Space, Shared Driveway, Unassigned, Uncovered
Fence Wrought Iron
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Gated
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Roof Type Asphalt,Clay
Accessibility Safe Emergency Egress from Home, Low Pile Carpet, Accessible Doors
Total Parking Spaces 10
Private Pool No
Building
Lot Description 2-5 Units/Acre, Front Yard, Greenbelt, Lawn, Rectangular Lot, Street Level, Walkstreet
Faces West
Story 2
Entry Level Two
Foundation Raised
Architectural Style Traditional
Level or Stories Two
Others
Senior Community No
Tax ID 6063028026
Security Features Gated Community,Smoke Detector(s),Security Lights,Window Bars
Energy Description 50.0
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Daniel Diaz • First Family Homes