Los Angeles, CA 90043,5414 S Mullen AVE
$602,500
Est.Price: ?

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6,995 Sqft Lot

5414 S Mullen AVE Los Angeles, CA 90043

Est. payment /mo
SOLD DATE : 06/18/2024

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Key Details

Sold Price $602,500

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24093506

Year Built 1940

Lot Size 6,995 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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LCR2YY

Rooms

Ensuite Laundry See Remarks

Interior

Laundry Location See Remarks

Laundry See Remarks

Exterior

Pool None

Community Features Urban

Building

Lot Description Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Joyce Reese • Home Smart Realty Group • 310-714-6610
Bought with Camille Ellison • Ellie B., A Real Estate Company

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