$635,000
$500,000
27.0%For more information regarding the value of a property, please contact us for a free consultation.
9,583 Sqft Lot
SOLD DATE : 01/06/2021
Key Details
Sold Price $635,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR20235870
Sold Date 01/06/21
HOA Y/N No
Year Built 1921
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions Assessor
Property Description
Two homes on LARGE R3 lot. Buyer to inquire with County of LA regarding how many units can be built. Current tenants have been in the property for many years and rents are way below market. This incredible opportunity is less than one mile from revolutionary SoFi Stadium. Per the Los Angeles Times, “The 300-acre complex, to be called Hollywood Park, is slated to develop in future years, more than 1.5 million square feet of retail, restaurant and office space (including the almost-complete NFL Network headquarters and studios), at least 2,500 townhomes and apartments and a hotel.” “More than just a stadium, it’s a porous, indoor-outdoor, year-round complex featuring, yes, a 70,000-seat stadium and lots of parking, but also a 2.5-acre public plaza, an adjacent 6,000-seat performance space and a layered landscape filled with hills, trees, places to pause and sit and eat — all connected to a vibrant 25-acre community park surrounding a 5.5-acre lake.” Don’t miss this once-in-a-while opportunity to be part of an amazing growth story. Also close to LAX, freeway access, and less than ten minutes to the beach. Seller prefers tenants stay with the property. The units show years of deferred maintenance. Listing agent has NOT seen the inside of the homes and is not making any claims regarding income or expenses. Seller has not provided accurate records for income/expenses yet. ** Any field noted "See Remarks" means listing agent doesn't know.
Location
State CA
County Los Angeles
Area 105 - Lennox
Zoning LCR3YY
Rooms
Ensuite Laundry See Remarks
Interior
Laundry Location See Remarks
Fireplace No
Laundry See Remarks
Exterior
Pool None
Community Features Sidewalks
View Y/N No
View None
Total Parking Spaces 5
Private Pool No
Building
Story 1
Entry Level One
Sewer Unknown
Water See Remarks
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4036019013
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Andrew Loeffler • Re/Max Premier Prop SanMarino