Unlock your next lucrative venture with this prime development opportunity nestled at 5414 S. Mullen Ave in Los Angeles County. Unlike properties under Los Angeles City's rent control, this Windsor Hills property offers unparalleled potential for investors and developers alike. While the existing structure may be at the end of its journey, its true value is centrally located property allowing for multiple units in an area in demand. Seize a brand-new beginning for redevelopment in the heart of this thriving residential landscape. Positioned strategically, this property boasts seamless access to the Metro K line minutes away as well as nearby amenities and attractions, ensuring maximum convenience and desirability. This coveted location sets the stage for immediate development upon acquisition, streamlining your path to success. Coupled with LCR2YY zoning and the prospect of additional ADUs, this investment promises to meet the soaring demand for housing in the vibrant tapestry of Los Angeles County.
Sold for $602,500 on 06/18/24
Listing Provided by:
Joyce Reese DRE #01328558 310-714-6610,
Home Smart Realty Group
$602,500
5414 S Mullen Ave, Los Angeles, CA 90043
--beds
--baths
2,120sqft
Duplex
Built in 1940
-- sqft lot
$1,067,300 Zestimate®
$284/sqft
$5,536 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 18, 2024 at 11:52am
Listing Provided by:
Joyce Reese DRE #01328558 310-714-6610,
Home Smart Realty Group
Bought with:
Camille Ellison, DRE #01938799
Ellie B., A Real Estate Company
Source: CRMLS,MLS#: SB24093506
Originating MLS: California Regional MLS

Facts & features
Interior
Appliances
- Laundry: See Remarks
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,120
- Total interior livable area: 2,120 sqft
Property
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 6,996 sqft
- Features: Yard
Details
- Parcel number: 5007016032
- Zoning: LCR2YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Repairs Major
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Urban
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,067,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,067,300