$5,999,950
For Sale

7234 S La Cienega Boulevard

Inglewood, CA 90302
0.76 acres | #SB24161163
Listing OfficeLyon Stahl Investment Real Estate, Inc.
Type:Multi-Family
Structure:House
Zone:Residential

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
      • Lot DescriptionZeroToOneUnitAcre
      • Stories1
    • Measurements
      • Acres0.7615
    • Parking
      • Parking Spaces18
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1953
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$5,999,950
  • Other
      • MLS #SB24161163

Location

Zack CosbyReal 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