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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

    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.

    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#: SB24093506MLS LogoOriginating 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

    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

    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