Sold: Jun 21, 2021
Address
7051 3rd Avenue Los Angeles, CA
Price
$ 1,120,000
Property Attributes
  • MLS#21724492
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • Zip90043
  • Style
  • Price$ 1,120,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage4808
  • Lot Size8,087 SqFt
Listing Provided Courtesy Of:
Taunee English with eXp Realty of California Inc.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Are you looking for a potential Redevelopment Opportunity? Look NO further. Located MINUTES away from Inglewood's New So-Fi Stadium, we are pleased to Offer for Sale, a 100% VACANT, LAC2-1VL-CPIO (Mixed-Use Limited Commercial) zoned:2501 W. Florence Ave, 1.5 story Commercial Building (2,272 sqft) has a commercial kitchen with upstairs Artist Loft (616 sqft) =3,232 sqft and 7051-7055 3rd Ave, 2-story Triplex (1,920 sqft), (3+1) bed/bath unit on second floor & two (1+1) bed/bath units on first floor-all units are sub-metered for gas & electricity. Triplex was renovated in 2016: dual pane windows, granite counters, cabinets, updated plumbing, new roof, appliances, hardwood floors, doors, etc. TOTAL 4,808 sqft w/gated 6+parking on 8,087 sqft corner lot located on Florence/3rd Ave w/neighboring Multifamily properties on Florence and on 3rd Ave, a residential street full of Pride of Ownership landscaped beautiful Spanish SFR homes. NOT INTERESTED in Developing? THEN this property is also ideal for:Community Organization ,as a Rehab Center, Retail, Creative Office space, or a GREAT Owner-User Opportunity (house your business, live in one of the units AND have multiple tenants)!This property was previously used as a 14-bed transitional shelter & supportive services for female Veterans. Prior usage as a Speakeasy establishment. Buyer to perform own due diligence

Price History
4/28/2021 Listed $999,999

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90043

Price
AVG $1.31M
$1.12M

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