Los Angeles, CA 90043,5414 S Mullen Avenue

$602,500

$500,000

20.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6,996 Sqft Lot


SOLD DATE : 06/18/2024

Key Details

Sold Price $602,500

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24093506

Sold Date 06/18/24

HOA Y/N No

Lot Size 6,996 Sqft

Property Description

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.
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.

Location

State CA

County Los Angeles

Area Los Angeles (90043)

Zoning Assessor

Building

Story 2

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $96

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Joyce Reese • Home Smart Realty Group
Bought with NON LISTED AGENT • San Diego
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 962-6000

mark@selectcahomes.com

2214 Faraday Ave, Carlsbad, Ca, 92008

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.