6341 11th Avenue
Los Angeles, CA 90043
0.17 acres | #SB25111028
Description
ASSET
4 single-story units located in the Hyde Park neighborhood of Los Angeles. The property is comprised of (one) 2-bedroom/1-bathroom
unit and (three) 1-bedroom/1-bathroom units. The property is residential asset which presents a desirable owner-user opportunity.
Situated on a large 7,574-SF lot, the property is zoned LAR3 with a Tier 3 TOC (Transit Orient Communities), which allows for the development of
up to 17 units*. Given the TO3 Tier 3 allowance, subterranean parking is not required, and a developer is only responsible for 0.5 parking spaces
per unit. The large lot presents an outstanding opportunity to develop up to 17 units* or to add ADUs in a dense rental market of Los Angeles.
LOCATION
This 2,551-SF fourplex is located just a few blocks from the Hyde Park Station of the Crenshaw/LAX Metro Line. The Crenshaw/LAX line (K
Line) is a $2.1 Billion project of an 8.5-mile light rail line connecting South Los Angeles to the South Bay and the Los Angeles Airport. In a
separate phase of the project, Metro hopes to add plans to extend the line to as far north as Hollywood. Furthermore, the asset is located just south of Slauson Avenue and west of Crenshaw Boulevard, which provides tenants with an abundance of retail shops, restaurants, entertainment, and grocery
stores. The property is located 2 miles from Baldwin Hills Crenshaw Plaza, SoFi Stadium and The Forum and approximately 2.5 miles from
Intuit Dome (NBA Clippers Arena)
Property Details
- Property TypeMulti-Family
- CountyLos Angeles
- MLS #SB25111028
- Property SubtypeQuadruplex
- MLS #SB25111028
- Original List Price$875,000
- Sewer InformationUnknown
- Acres0.1739
- Utility SourcePublic
- Cost875000
- Year Built1930
- Stories1
- Parking Spaces4
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Ken Conant (#sconaken)
Listing Office: Estate Properties (#S4164)
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