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    12461 Louise Avenue

    Los Angeles, CA 90066
    • $2,649,000
    • STATUS: ACTIVE
    • ON SITE: 53 days
    • ID#: 302976150
    Price Reduced
    UPDATED: 60 min ago
    $2,649,000
    • 5
      BEDS
    • 0.28
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Back on the Market!! Seller is extremely motivated to sell and will review all offers. A secluded oasis nestled within the beach community of Del Rey, adjacent to Marina Del Rey, Playa Vista and Culver City. This unique income producing property consists of four detached homes on an approximate 12,600 sqft. These units can rent for $2,500 each and two of the units can be delivered at the close of escrow .On the second half is a Spanish architecture and over time remodeled with some Mediterranean flare, ow Back on the Market!! Seller is extremely motivated to sell and will review all offers. A secluded oasis nestled within the beach community of Del Rey, adjacent to Marina Del Rey, Playa Vista and Culver City. This unique income producing property consists of four detached homes on an approximate 12,600 sqft. These units can rent for $2,500 each and two of the units can be delivered at the close of escrow .On the second half is a Spanish architecture and over time remodeled with some Mediterranean flare, owner occupied, this two story home is 4br/3ba, formal dining room with some unique wood craftsmanship, diamond inlays, wood burning fireplace and maids quarters. Beautifully landscape Sliding door takes you out to a covered and private patio, four car garage and separate storage area and two parking space in the driveway with alley access but secured by rustic steel gates, motorized and remotely controlled. The latest security system from ADT and separate 8 cameras monitoring the grounds throughout the whole property. This property has it all and serve several functions for the end user. As an investment, or owner occupied, this property comes with approved plans, entitled for a 12 unit luxury condominium development with gross sales of approximately and conservatively speaking $12,300,000. Access to the property and a copy of the details on the development plans are available with an accepted offer only. See private remarks for more info.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.lajollaagent.com/homes/112408319
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    12461 Louise Avenue Los Angeles, CA 90066

    • Price: $2,649,000
    • Status: ACTIVE
    • Updated: 60 min ago
    • ID#: 302976150
    5
    Beds
    0
    Baths
    0
    ½ Baths
    0.28
    Acres
    Neighborhood:
    Los Angeles (90066)
    County:
    Los Angeles
    Area:
    Los Angeles (90066)
    Property Description
    Back on the Market!! Seller is extremely motivated to sell and will review all offers. A secluded oasis nestled within the beach community of Del Rey, adjacent to Marina Del Rey, Playa Vista and Culver City. This unique income producing property consists of four detached homes on an approximate 12,600 sqft. These units can rent for $2,500 each and two of the units can be delivered at the close of escrow .On the second half is a Spanish architecture and over time remodeled with some Mediterranean flare, ow Back on the Market!! Seller is extremely motivated to sell and will review all offers. A secluded oasis nestled within the beach community of Del Rey, adjacent to Marina Del Rey, Playa Vista and Culver City. This unique income producing property consists of four detached homes on an approximate 12,600 sqft. These units can rent for $2,500 each and two of the units can be delivered at the close of escrow .On the second half is a Spanish architecture and over time remodeled with some Mediterranean flare, owner occupied, this two story home is 4br/3ba, formal dining room with some unique wood craftsmanship, diamond inlays, wood burning fireplace and maids quarters. Beautifully landscape Sliding door takes you out to a covered and private patio, four car garage and separate storage area and two parking space in the driveway with alley access but secured by rustic steel gates, motorized and remotely controlled. The latest security system from ADT and separate 8 cameras monitoring the grounds throughout the whole property. This property has it all and serve several functions for the end user. As an investment, or owner occupied, this property comes with approved plans, entitled for a 12 unit luxury condominium development with gross sales of approximately and conservatively speaking $12,300,000. Access to the property and a copy of the details on the development plans are available with an accepted offer only. See private remarks for more info.
    Exterior Features

    Pool N/K Roof Composition Site CurbsSidewalks Spa Yes Units With Patios 4

    Interior Features

    Cooling N/K Heat Equipment Fireplace Total Baths Unit1 1 Total Baths Unit2 3 Units With Cooling 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 1 Water Heater Type Gas

    Property Features

    Annual Expense Actual 7535 Buildings 4 Gross Scheduled Income Actual 75000 Security Automatic Gate Terms ExchangeSeller May Carry Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 2500.0 Unit2 Rent Actual 6000.0 Zoning Public Rec

    Listing provided courtesy of Home Smart Realty Group. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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