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    4401 Westdale Ave

    Los Angeles, CA 90041
    • $1,950,000
    • STATUS: Active
    • ON SITE: 72 days
    • ID#: 20-601260
    UPDATED: 36 min ago
    $1,950,000
    • 7
      BEDS
    • 0.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,120
      SQFT
    • $1,741
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:
    Area:

    School Ratings & Info

    Description

    This offering consists of five (5) existing apartment units located on 15,360 SF of land, including a three (3) bedroom SFR in the front and four (4) One-Bedroom Units in the back. 4401 Westdale Avenue is ideal for a developer to do a small lot subdivision or build condominiums and still generate income while obtaining plans and permits. The current zoning allows you to build 7 apartment Units by-right or 11 units by TOC. It is ideally located within close proximity to Downtown Los Angeles, Dodger Stadium and Union Station. Echo Park, the trendiest neighborhood in Los Angeles, is known for its cultural amenities, famed restaurants, boutique shopping, and delicious coffee. This area is completely walkable and home to many prosperingartists, writers, and musicians. The property is blocks away from Occidental College and close proximity to Highway 134

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-19T23:42:26.497. 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.
    www.randyplaice.com/homes/107688131
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    4401 Westdale Ave Los Angeles, CA 90041

    • Price: $1,950,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: 20-601260
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.35
    Acres
    1,120
    SQFT
    $1,741
    $/SQFT
    1947
    Built
    Neighborhood:
    Eagle Rock
    County:
    Los Angeles
    Area:
    Eagle Rock
    Property Description
    This offering consists of five (5) existing apartment units located on 15,360 SF of land, including a three (3) bedroom SFR in the front and four (4) One-Bedroom Units in the back. 4401 Westdale Avenue is ideal for a developer to do a small lot subdivision or build condominiums and still generate income while obtaining plans and permits. The current zoning allows you to build 7 apartment Units by-right or 11 units by TOC. It is ideally located within close proximity to Downtown Los Angeles, Dodger Stadium and Union Station. Echo Park, the trendiest neighborhood in Los Angeles, is known for its cultural amenities, famed restaurants, boutique shopping, and delicious coffee. This area is completely walkable and home to many prosperingartists, writers, and musicians. The property is blocks away from Occidental College and close proximity to Highway 134
    Exterior Features

    Cross Streets Eagle Rock Blvd And Westdale Avenue Direction Faces South Levels Ground Level Lot Size Area 15360 Other Structures None Parking Garage Driveway Pool Description None Pool YN No Style Low Rise Tennis Court None Total Parking 7 View Description Walk StreetTree Top View YN Yes Water Frontage None

    Interior Features

    Baths Total 5.00 Cooling Ceiling Fan Equipment CableOther Heating None

    Property Features

    Assessed Total Value 509147 Entry Floor Number 1 Gross Income 76980 Gross Operating Income 76980 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 57735.00 Number Of Buildings 4 Number Of Units 5 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 19245 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Lard2

    Listing provided courtesy of Elizabeth Clark DRE#01811246 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-19T23:42:26.497. 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.
     
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    Randy Plaice and Associates | RE/MAX
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    Valencia CA, 91355