Los Angeles, CA 90043,5414 S Mullen AVE

$602,500

Est. payment /mo

$500,000

20.5%
Est.Price: ?

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5414 S Mullen AVE Los Angeles, CA 90043

2,120 SqFt

SOLD DATE : 06/18/2024

Key Details

Sold Price $602,500

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,120 sqft

Price per Sqft $284

MLS Listing ID SB24093506

Sold Date 06/18/24

Construction Status Repairs Major

HOA Y/N No

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

Fireplace No

Laundry See Remarks

Exterior

Pool None

Community Features Urban

Private Pool No

Building

Lot Description Yard

Story 2

Sewer Public Sewer

Water Public

New Construction No

Construction Status Repairs Major

Others

Senior Community No

Tax ID 5007016032

Acceptable Financing Cash

Listing Terms Cash

Financing 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

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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