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    4401 Westdale Avenue

    Los Angeles (City), CA 90041
    • $1,950,000
    • STATUS: Active
    • ON SITE: 80 days
    • ID#: 20601260
    UPDATED: 22 min ago
    $1,950,000
    • 0
      BEDS
    • 0.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    Description

    This offering consists of five (5) existing apartment units located on 15,360 SF of land, including a three (3) bedroom SFR in the front and four (4) One-Bedroom Units in the back. 4401 Westdale Avenue is ideal for a developer to do a small lot subdivision or build condominiums and still generate income while obtaining plans and permits. The current zoning allows you to build 7 apartment Units by-right or 11 units by TOC. It is ideally located within close proximity to Downtown Los Angeles, Dodger Stadium and Union Station. Echo Park, the trendiest neighborhood in Los Angeles, is known for its cultural amenities, famed restaurants, boutique shopping, and delicious coffee. This area is completely walkable and home to many prosperingartists, writers, and musicians. The property is blocks away from Occidental College and close proximity to Highway 134

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-28T11:27:49.317. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/107689417
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    4401 Westdale Avenue Los Angeles (City), CA 90041

    • Price: $1,950,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: 20601260
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.35
    Acres
    1947
    Built
    Neighborhood:
    618 - Eagle Rock
    County:
    Los Angeles
    Area:
    618 - Eagle Rock
    Property Description
    This offering consists of five (5) existing apartment units located on 15,360 SF of land, including a three (3) bedroom SFR in the front and four (4) One-Bedroom Units in the back. 4401 Westdale Avenue is ideal for a developer to do a small lot subdivision or build condominiums and still generate income while obtaining plans and permits. The current zoning allows you to build 7 apartment Units by-right or 11 units by TOC. It is ideally located within close proximity to Downtown Los Angeles, Dodger Stadium and Union Station. Echo Park, the trendiest neighborhood in Los Angeles, is known for its cultural amenities, famed restaurants, boutique shopping, and delicious coffee. This area is completely walkable and home to many prosperingartists, writers, and musicians. The property is blocks away from Occidental College and close proximity to Highway 134
    Exterior Features

    Direction Faces South Lot Size Units Square Feet Parking Features Driveway Parking YN Yes Pool Features None Pool Private YN No

    Interior Features

    Heating None Heating YN No

    Property Features

    Country Us Gross Income 76980.00 Gross Multiplier 25.33 Gross Operating Income 76980.00 Net Operating Income 57735.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 19245.00 Vacancy Allowance Rate 0.00 Zoning Lard2

    Listing provided courtesy of Elizabeth Clark of Compass


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-09-28T11:27:49.317. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor
    28901 S. Western Avenue #139
    Rancho Palos Verdes CA, 90731