Los Angeles, CA 90047,7804 - 7808 S Western AVE
Los Angeles, CA 90047,7804 - 7808 S Western AVE
Los Angeles, CA 90047,7804 - 7808 S Western AVE
Los Angeles, CA 90047,7804 - 7808 S Western AVE
Los Angeles, CA 90047,7804 - 7808 S Western AVE
Los Angeles, CA 90047,7804 - 7808 S Western AVE
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$670,000

$715,000

6.3%
Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

1,680 SqFt


SOLD DATE : 07/19/2024

Key Details

Sold Price $670,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,680 sqft

Price per Sqft $398

MLS Listing ID 23336875

Sold Date 07/19/24

Bedrooms 4

Construction Status Fixer

HOA Y/N No

Year Built 1952

Lot Size 5,505 Sqft

Property Description

We are pleased to present two (2) concurrent duplexes located at 7804-7808 S Western Avenue in Los Angeles, California. The subject property is located in a solid South Los Angeles location, south of W Florence Avenue and west of S Normandie Avenue. Built in 1947 and 1952, this concurrent double-lot contains a streamlined unit mix of four (4) one-bedroom / one-bathroom bungalow style units spread across two (2) duplexes. One (1) unit will be delivered vacant. The double lot has a favorable zoning of LAC2-1VL-CPIO under the South Los Angeles implementation overlay with addition TOC incentives under tier 1, and ED 1 eligibility to eliminate parking requirements. This opens countless opportunities to add value in this changing neighborhood. The property sits between two (2) new construction residential developments, one (1) under construction to the north and one (1) 2018 construction to the south. The zoning and abutting 16ft alleyway allows the construction of seven (7) units by-right, or twenty-four (24) potential buildable units based off an increased base density per CPIO in a TOC project. Alternatively, there is also potential to build multiple ADU units in the back of the property. Situated in a solid South Los Angeles location, this offering presents an excellent opportunity for any investor or developer to capitalize on adding value in a rapidly changing market of Los Angeles.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAC2

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Gated, One Space

Pool None

View Y/N Yes

View City Lights

Porch Open, Patio

Total Parking Spaces 4

Private Pool No

Building

Lot Description Landscaped

Story 1

Entry Level One

Architectural Style Bungalow

Level or Stories One

New Construction No

Construction Status Fixer

Others

Senior Community No

Tax ID 6018032002

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jason Tuvia • Marcus & Millichap
Bought with Jason Tuvia • Marcus & Millichap
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6 Jenner, Unit # 250, Irvine, CA, 92618

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