Ronald Jefferson
This listing was posted on Ronald Jefferson (via ListedBuy).
$799,500
Los Angeles, Los Angeles County, CA House for sale Property ID: 416963172
Price:
$799,500
Location:
6219 S Avalon Boulevard, Los Angeles, CA
Description:
Calling all real estate investors and developers! Here's an incredible chance for a potentially lucrative redevelopment or value-add investment. Situated in the heart of Central Los Angeles, this property boasts a coveted LAC2 zoning, presenting an opportunity to construct a four-story, 21-unit building under the Transit Oriented Communities (TOC) Incentive Program. Currently occupying a 5,250 square foot buildable lot, this asset comprises two recently painted buildings within a secured gated lot. It features recently painted and updated bathrooms with new water supply lines, three 1-bedroom/1-bathroom units and one 3-bedroom/3-bathroom split to 2-bedroom/2-bathroom and 1-bedroom/1-bathroom. With solid saleal income, these units generate $5,415 per month ($64,980 per year) and pay on time. Moreover, the property's convenient location near bus stops, banks, parks, and local shops enhances its desirability. Don't let this fantastic investment opportunity slip through your fingers! Act now and seize the potential of this property. Still available at ListedBuy!
Property Type:
Single-Family Houses
Sq feet:
3,128 sq. ft.
Amenities:
Gated
For sale by:
Agent/Broker
Agent Name:
Ronald Jefferson
Posted:
February 22 on ListedBuy
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More About this Listing: Los Angeles, Los Angeles County, CA House for sale Property ID: 416963172
Los Angeles, Los Angeles County, CA House for sale Property ID: 416963172 is a Single-Family Homes for Sale at 6219 S Avalon Boulevard in Los Angeles CA. Find other listings like Los Angeles, Los Angeles County, CA House for sale Property ID: 416963172 and listings near 6219 S Avalon Boulevard by searching Oodle Classifieds for Single-Family Homes for Sale in Los Angeles CA.
Los Angeles, Los Angeles County, CA House for sale Property ID: 416963172 is a Single-Family Homes for Sale at 6219 S Avalon Boulevard in Los Angeles CA. Find other listings like Los Angeles, Los Angeles County, CA House for sale Property ID: 416963172 and listings near 6219 S Avalon Boulevard by searching Oodle Classifieds for Single-Family Homes for Sale in Los Angeles CA.