2420 S Western Avenue
Los Angeles, CA 90018
Active Under Contract for $9,000,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: N/A sqft
| MLS | P119129 |
| Year Built | 1990 |
| Property Type | Multi Family |
| County | Other |
| Status | Active Under Contract |
| Active Under Contract | $9,000,000 |
| Structure Size | N/A sqft |
| Lot Size | N/A sqft |
| Beds | N/A |
| Baths |
Description
Built in 1990, the fully occupied 40-unit apartment building at 2420 S Western Avenue sits on a large 35,439 square foot lot, offering plenty of space for future development. The 32,705 square foot building, zoned LARD1.5, provides an excellent opportunity for investors looking to capitalize on a property with both modern construction and significant potential for expansion. Its prime location and generous lot size make it ideal for long-term growth and increased rental income. Offered under a bankruptcy sale, this property presents a rare chance to acquire a significant asset in a high-demand area. Buyers should be aware that the property is subject to various covenants and restrictions that may impact tenant selection, income, and rent levels. Prospective buyers are strongly encouraged to independently verify all information, including square footage and zoning regulations.
Listing information courtesy of: Brian Parsons, Keller Williams Realty (626) 204-3390. *Based on information from the Association of REALTORS/Multiple Listing as of 11/10/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
Lucy Mekhael
Broker Associate
Direct: 818.577.0851
Email: Email Me
DRE: 02185026
DRE #01873088
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