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$5,999,999
6 bed
5 bath
0 Sqft
33,173 Sqft lot

811 Austin Ave, Inglewood, California 90302

  • Residential Income Property Type
  • 26 Days Time on market
  • 1966 Year Built
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)

Basic Details
Residential Income
Buy
SB24065682
$5,999,999
6
5
0 Sqft
1966
33,173 Sqft
Active
Apartment
Houses
Features
: Urban
18
$0
: Unknown
Address
CA
Los Angeles
Inglewood
90302
811 Austin Ave
811
0
W119° 37' 48.7''
N33° 58' 7''
Additional Information
26
1
2
2
: Two
: Common Area
10
17,196 Sqft
1
0 Sqft
0 Sqft
0.76 Sqft
33,173 Sqft
1
: 2+ Common Walls
0 Sqft
4017021014
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
08/04/2024 07:55:05
$6,000,000
: Standard
CashtoExistingLoan,CashtoNewLoan,Owner May Carry
From 405 South: Exit La Cienega, Turn Right on Industrial Ave. Left On Austin Ave.
Destrahan
Harry Hurst
Lyon Stahl Investment Real Estate, Inc.
Michael Padilla
SB1310620
SBPADIMIC
$0
8
1
: Standard
1
: Corner Lot
1
1
: Square Feet
1
: Community Apartment
1
4
18
18
0
13
18
289
416580
US-06037-N-4017021014-R-N
Apartment
04/04/2024 17:11:27
Austin Ave
101 - North Inglewood
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