7234 S La Cienega BLVD, INGLEWOOD CA, 90302

Active

7234 S La Cienega BLVD

INGLEWOOD CA, 90302

$5,999,950

$348.92 per sqft

Active

5 Beds

4 Baths

17,196 sqft

Multi-family

Built in 1953

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*

SB24161163MR

MLSⓇ ID

August 19, 2024

Listed

October 2, 2024

Updated

Map

7234 S La Cienega BLVD
INGLEWOOD CA, 90302

Interior Features

Total Stories: 1
Bedrooms: 5
Total Bathrooms: 4
Laundry Description: Inside
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.76 Acres
Sewer: Public Sewer

Other Property Details

Area Name: North Inglewood
Garage: Yes
Garage Spaces: 18
Parking Total: 18
View: No
County: Los Angeles
Water Source: Public
Pool: No
Pool Features: None
Zoning: INR3YY

Listed by Michael Padilla with Lyon Stahl Investment Real Estate, Inc.
Listing Contact: 310-420-2541

Based on information from The MLS^TM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Amy Frelinger Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Data last updated 10/2/2024