Active

811 Austin Ave

INGLEWOOD CA, 90302

$5,999,999


$348.92 per sqft

Active

6 Beds

17,196 sqft

Condo

Built in 1966

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)

SB24065682MR

MLS ID

April 8, 2024

Listed

April 12, 2024

Updated

Map

811 Austin Ave
INGLEWOOD CA, 90302

Interior Features

Total Stories

2


Bedrooms

6


Laundry Description

Laundry Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.76 Acres


Sewer

Unknown

Other Property Details

Area Name

North Inglewood


Days on Market

1


Garage

Yes


Garage Spaces

10


Parking

Garage, Gated, Parking Space


Parking Total

18


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None

Listing History

Date

Event

Price

4/9/2024

Price Change

$5,999,999

-1%

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

Based on information from The MLSTM / 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 Laci Buller Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 4/12/2024

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