Great Income Investment & Development Potential Property For The Price Of A Small Condo. In West L.A.. Nice Bungalow Style 5 unit complex in convenient Downtown L.A. area. Easy management and upside on existing rents. Under rent control. By Vernon Ave. & Main Street. Property has new roof, new separate electric meters. I unit totally updated. New water heaters for all units. *BONUS: Great for development. Property is Zoned C2 = R4 as per City. Tier 3 Zone. Density Bonus. As per City you can build up to 31 low income units or 18 regular units. You can also go up to 5 stories or 67' High. Building will come with tenants in place. Please do not disturb tenants as they are unaware of the sale. Buyer to do their own investigations to confirm accuracy of information provided.
Sold for $1,300,000 on 10/13/23
$1,300,000
4345 Woodlawn Ave, Los Angeles, CA 90011
5beds
5baths
2,880sqft
MultiFamily
Built in 1924
-- sqft lot
$-- Zestimate®
$451/sqft
$3,678 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Interior area
- Total interior livable area: 2,880 sqft
Property
Parking
- Total spaces: 5
Lot
- Size: 7,021 sqft
Details
- Parcel number: 5113036019
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1924
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Equipment: Range/Oven
- Heating: Wall
- PropertyType: Residential Income
- UnitTypeType: 1, 2, 3, 4, 5
- SourceLivingArea: Assessor
- SourceLotSizeArea: Vendor Enhanced
- Cooling: Window Unit(s)
- ListingArea: Downtown L.A.
- ParkingGarage: Parking Space
- ListingStatus: Pending