Los Angeles, CA 90045,7045 S La Cienega BLVD
Los Angeles, CA 90045,7045 S La Cienega BLVD
Los Angeles, CA 90045,7045 S La Cienega BLVD
10
$1,400,000
$1,650,000
15.2%
Est.Price: ?

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7 BD
5 BA
3,706 SqFt

7045 S La Cienega BLVD Los Angeles, CA 90045

Est. payment /mo
SOLD DATE : 10/15/2024

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Key Details

Sold Price $1,400,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,706 sqft

Price per Sqft $377

MLS Listing ID 24415385

Sold Date 10/15/24

Bedrooms 7

HOA Y/N No

Year Built 1953

Lot Size 7,204 Sqft

Acres 0.1654

Property Description

Great opportunity for a developer to build, an investor to buy and hold or as an owner-user property. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). An exceptional development opportunity , located in a desirable area of Los Angeles. Zoned R3-1, this property offers a substantial buildable area, making it an ideal site for a multifamily residential project. With a generous lot size and significant allowable floor area, this parcel is perfect for developers looking to maximize their investment in a prime location. Key Features include ample buildable space. The property spans 7,201 sq. ft. with a buildable square footage of 21,603 sq. ft., providing a solid foundation for a substantial development. Located in a dynamic and sought-after part of Los Angeles, this property is ideally positioned to attract residents. Its strategic location offers easy access to major transportation routes, shopping, dining, and other urban amenities, ensuring strong demand and sustained growth potential. All information provided is deemed reliable but not guaranteed. Buyer and buyers agent should perform their own investigations to confirm accuracy of all information including but not limited to lot size, zoning, planing and building restrictions. The property may be delivered vacant at close of escrow. Unit mix is three 1/1's and two 2/1's. Showings will be scheduled by appointment with an accepted offer subject to interior inspection. call listing agent for additional information regarding the current rent roll.

Location

State CA

County Los Angeles

Area C29 - Westchester

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Appliance Refrigerator

Exterior

Garage Door-Multi, Garage

Parking Type Door-Multi, Garage

Total Parking Spaces 3

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4103014005

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Shamim Khorsand Mashhadi • RE/MAX ESTATE PROPERTIES
Bought with Zachary Freehling • Skylight Real Estate Advisors, Inc.

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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