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7045 La Cienega Boulevard
Los Angeles, CA 90045
Sold
7045 La Cienega Boulevard
Los Angeles, CA 90045
Sold
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.
PROPERTY INFORMATION
| MLS # | 24415385 | Lot Size | 7,204 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,650,000
Price Per SqFt: $ 445 |
DOM | 295 Days |
| Address | 7045 La Cienega Boulevard | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,706 Sq. Ft. |
| Postal Code | 90045 | Garage | N/A |
| County | Los Angeles | Year Built | 1953 |
| Bed / Bath | 7 / 0 | Parking | 3 |
| Built In | 1953 | Status | Closed |
| Sold Date | 2024-10-15 |
INTERIOR FEATURES
| Has Appliances | Yes |
| Kitchen Appliances | Refrigerator |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | No |
| Cooling Information | None |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,760
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 07/15/2024 | Listed | $1,800,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Shamim Khorsand Mashhadi, RE/MAX ESTATE PROPERTIES. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
