811 Austin Ave, Property Listing: MLS® #SB24065682

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)

811 Austin Ave, Property Listing: MLS® #SB24065682 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: SB24065682
  • 811 Austin Ave
  • , CA 90302
  • $5,999,999
  • 0.76 Acres
  • Office: Lyon Stahl Investment Real Estate, Inc.

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)

Supplemental Remarks

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Essential Information

  • MLS® #SB24065682
  • Listing Price$5,999,999
  • Original Listing Price$6,000,000
  • Date ListedApril 3rd, 2024
  • Days on Market6
  • Bathrooms0.00
  • Acres0.76
  • Lot Sq.Ft.33,173
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$3,466

Community Information

  • Address811 Austin Ave
  • AreaINGLEWOOD (90302)
  • CountyLos Angeles
  • StateCA
  • Zip Code90302

Amenities

  • PoolN/K

Interior

  • # of Stories2

Exterior

  • Lot DescriptionCorner Lot
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Listing information last updated on May 5th, 2024 at 10:54am PDT.