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7804 Western Avenue
Los Angeles, CA 90047
Sold
We are pleased to present two (2) concurrent duplexes located at 7804-7808 S Western Avenue in Los Angeles, California. The subject property is located in a solid South Los Angeles location, south of W Florence Avenue and west of S Normandie Avenue. Built in 1947 and 1952, this concurrent double-lot contains a streamlined unit mix of four (4) one-bedroom / one-bathroom bungalow style units spread across two (2) duplexes. One (1) unit will be delivered vacant. The double lot has a favorable zoning of LAC2-1VL-CPIO under the South Los Angeles implementation overlay with addition TOC incentives under tier 1, and ED 1 eligibility to eliminate parking requirements. This opens countless opportunities to add value in this changing neighborhood. The property sits between two (2) new construction residential developments, one (1) under construction to the north and one (1) 2018 construction to the south. The zoning and abutting 16ft alleyway allows the construction of seven (7) units by-right, or twenty-four (24) potential buildable units based off an increased base density per CPIO in a TOC project. Alternatively, there is also potential to build multiple ADU units in the back of the property. Situated in a solid South Los Angeles location, this offering presents an excellent opportunity for any investor or developer to capitalize on adding value in a rapidly changing market of Los Angeles.
PROPERTY INFORMATION
| MLS # | 23336875 | Lot Size | 5,504 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 715,000
Price Per SqFt: $ 426 |
DOM | 517 Days |
| Address | 7804 Western Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 1,680 Sq. Ft. |
| Postal Code | 90047 | Garage | N/A |
| County | Los Angeles | Year Built | 1952 |
| Bed / Bath | 4 / 0 | Parking | 4 |
| Built In | 1952 | Status | Closed |
| Sold Date | 2024-07-19 |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
| Has Patio | Yes |
| Patio | Patio Open |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $763
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 12/04/2023 | Listed | $725,000 |
Topfind Realty
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(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Jason Tuvia, Marcus & Millichap. 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.
