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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)

Features
2
1
: Common Area
0
: Urban
Additional Information
Lyon Stahl Investment Real Estate, Inc.
0
SBPADIMIC
SB1310620
Michael
4017021014
: Standard
10
Two
35

Multi-Family For Sale

811 Austin Ave, Inglewood, California 90302

17,196 Sqft
$5,999,999
Listing ID #SB24065682
Basic Details
Status : Active
DaysOnMarket : 1
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : SB24065682
Price : $5,999,999
Living Area : 17,196 Sqft
Lot Size : 33,173 Sqft
Year Built : 1966
Country : US
State : California
County : Los Angeles
City : Inglewood
Zipcode : 90302
Price Per Square Foot : $349
ModificationTimestamp : 2024-04-09 11:41:19
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