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)
MLS #
CRSB24065682
MLS Source
California Regional MLS
Days on Site
29
Buyer's Brokerage Compensation*
2.00
Garage/Parking
Garage, Gate/Door Opener, Parking Area, Garage: 10 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
4 | 13 | – |
811 Austin Ave is a Residential Income in Inglewood, CA 90302. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,999,999 and was built in 1966.
This address can also be written as 811 Austin Ave, Inglewood, CA 90302.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of April 09, 2024. For the most current information, please contact Michael Padilla, (310) 420-2541