$1,510,000
$1,500,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
0.46 Acres Lot
SOLD DATE : 06/16/2021
Key Details
Sold Price $1,510,000
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB21081668
Sold Date 06/16/21
HOA Y/N No
Year Built 1957
Lot Size 0.463 Acres
Property Description
11014 S Osage Ave is a 6-unit investment property consisting of four free standing buildings on a large half acre lot. Currently operating at a 4% CAP, the property generates over $108,000 in annual income and has the potential to add two detached ADU's by right (buyer to verify). The unit mix consists of (1) 4-Bed/1.75-Bath House, (3) 2-Bed/1-Bath Units, (1) 1-Bed/1-Bath Unit, and (1) Studio, totaling 4,406 SF in living space. There are (2) 1-car garages and an additional (21) uncovered parking spaces enclosed by an automatic security gate.
Located approximately 1.5 miles from the Sofi Stadium development, this is an incredible opportunity for any investor seeking growth, stability, and a hedge against inflation.
Location
State CA
County Los Angeles
Area 105 - Lennox
Zoning LCR3PV
Interior
Heating Central
Cooling None
Fireplaces Type None
Fireplace No
Laundry WasherHookup, ElectricDryerHookup
Exterior
Parking Features Driveway, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
View Y/N Yes
View Neighborhood
Total Parking Spaces 23
Private Pool No
Building
Lot Description Landscaped
Story 1
Entry Level One
Sewer PublicSewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4035014011
Acceptable Financing CashtoNewLoan
Listing Terms CashtoNewLoan
Financing Cash
Special Listing Condition Standard
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Bought with J.Woody Stahl • Lyon Stahl Investment Real Estate, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "