2536 Military Ave, Los Angeles, CA 90064

bedrooms 5
parkingSpaces 10
|Other
THB ฿63,995,361
USD $1,875,000
Published on: 15 Sep 2024
Last updated on: 30 Nov 2024
2536 Military Ave, Los Angeles, CA 90064
2536 Military Ave, Los Angeles, CA 90064
2536 Military Ave, Los Angeles, CA 90064
+14
2536 Military Ave, Los Angeles, CA 90064
  • 14
Property ID: 110094565817
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Residential Income - Los Angeles, CA

2536 Military Ave, Los Angeles, CA 90064
West Los Angeles Owner-User,  Two units to be delivered Vacant, including the owner's unit,  -  Investor Opportunity --  This versatile fourplex in West Los Angeles is an exceptional find for both owner-users and investors, offering significant upside potential in a high-demand location. For those looking to live on-site, the soon-to-be vacant "Owner's Unit" provides a unique opportunity. This spacious 2-bedroom, 1-bath residence, located at the rear of the property, includes a private entrance, an enclosed yard, a garage, and two additional parking spaces. It is an ideal choice for families or individuals who want the comfort of a single-family home with the benefit of rental income from the other units to help offset expenses. For investors, the property offers substantial value-add opportunities. Two of the units are exempt from the Los Angeles Rent Stabilization Ordinance (RSO), allowing for greater rental income potential. Additional value can be created by an accessory dwelling unit (ADU) conversion, as the property includes a free-standing garage structure and six uncovered parking spaces. The 9,268-square-foot lot provides further redevelopment possibilities, appealing to experienced developers who may envision creating a large single-family home with an ADU, provided by the LAR1 zoning. This property stands out in a prime location undergoing revitalization, close to the new UCLA Research Park, the recently transformed Westside Pavilion. The property features lush landscaping, an enclosed front patio, and California palm trees which enhances the curb appeal. Residents will appreciate the proximity to the Expo Westwood/Rancho Park station, providing convenient access to Downtown Los Angeles and Santa Monica. Cyclists will enjoy the adjacent cross-city bike path.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Parking Spaces
10
Land Size
861.17 m2
Building Size
227.71 m2
Year Built
1939
Rooms
5 bedroom(s)
Architecture Style
Other
Building Unit Count
4
County
Los Angeles
Parcel ID
4256-006-019
Provider
Compass
Brokerage Office Name
Compass
Address
2536 Military Ave, Los Angeles, CA 90064
Contact Agent
D. Timothy Byrne
11601 Wilshire Blvd.,, Los Angeles
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D. Timothy Byrne
11601 Wilshire Blvd.,, Los Angeles
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      Property ID: 110094565817

      Data provided by Compass, MLS #: 24-438905
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