Skip To Content

735 Laconia Blvd

Los Angeles, CA 90044
  • $2,375,000
  • STATUS: ACTIVE
  • ON SITE: 7 Days
  • ID#: PW22098853
UPDATED: 33 min ago
$2,375,000
  • 8
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Located in the heart of LA's immensely growing neighborhood called Athens, is the 7 unit building at 735 Laconia Blvd. The property is surrounded by both multi and single family homes with ample parking & accessibility. Laconia is composed of 5,184 sqft of livable with a lot size of just under 11,000 sqft. The unix mix is made up of all 2bed/1bath units with six tenants enrolled in section 8. The asset has major capital improvements such as pavers, an electric fence, new roofing, artificial grass, water efficient plants, dual pane windows, new HVAC, interior renovations, and utility upgrades. Tenants enjoy the close proximity of restaurants, employment hubs, and educational institutions. The building is just a stone's throw away from LAX & So-Fi Stadium and around the corner from the 110/105 freeways. Access to public transportation and everyday errands are made easy on the Vermont Ave & El Segundo Blvd corridors. Within the surrounding blocks there are active development projects making for a coveted opportunity to add value. 735 Laconia allows investors to position equity into a legacy asset with a stable income stream and very passive ownership! Located in the heart of LA's immensely growing neighborhood called Athens, is the 7 unit building at 735 Laconia Blvd. The property is surrounded by both multi and single family homes with ample parking & accessibility. Laconia is composed of 5,184 sqft of livable with a lot size of just under 11,000 sqft. The unix mix is made up of all 2bed/1bath units with six tenants enrolled in section 8. The asset has major capital improvements such as pavers, an electric fence, new roofing, artificial grass, water efficient plants, dual pane windows, new HVAC, interior renovations, and utility upgrades. Tenants enjoy the close proximity of restaurants, employment hubs, and educational institutions. The building is just a stone's throw away from LAX & So-Fi Stadium and around the corner from the 110/105 freeways. Access to public transportation and everyday errands are made easy on the Vermont Ave & El Segundo Blvd corridors. Within the surrounding blocks there are active development projects making for a coveted opportunity to add value. 735 Laconia allows investors to position equity into a legacy asset with a stable income stream and very passive ownership!

Monthly Payment Calculator

San Diego MLS logo 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.lajollaagent.com/homes/128595514
Print Image

735 Laconia Blvd Los Angeles, CA 90044

  • Price: $2,375,000
  • Status: ACTIVE
  • On Site: 7 Days
  • Updated: 33 min ago
  • ID#: PW22098853
8
Beds
0
Baths
0
½ Baths
0.25
Acres
Neighborhood:
Los Angeles (90044)
County:
Los Angeles
Area:
Los Angeles (90044)
Property Description
Located in the heart of LA's immensely growing neighborhood called Athens, is the 7 unit building at 735 Laconia Blvd. The property is surrounded by both multi and single family homes with ample parking & accessibility. Laconia is composed of 5,184 sqft of livable with a lot size of just under 11,000 sqft. The unix mix is made up of all 2bed/1bath units with six tenants enrolled in section 8. The asset has major capital improvements such as pavers, an electric fence, new roofing, artificial grass, water efficient plants, dual pane windows, new HVAC, interior renovations, and utility upgrades. Tenants enjoy the close proximity of restaurants, employment hubs, and educational institutions. The building is just a stone's throw away from LAX & So-Fi Stadium and around the corner from the 110/105 freeways. Access to public transportation and everyday errands are made easy on the Vermont Ave & El Segundo Blvd corridors. Within the surrounding blocks there are active development projects making for a coveted opportunity to add value. 735 Laconia allows investors to position equity into a legacy asset with a stable income stream and very passive ownership! Located in the heart of LA's immensely growing neighborhood called Athens, is the 7 unit building at 735 Laconia Blvd. The property is surrounded by both multi and single family homes with ample parking & accessibility. Laconia is composed of 5,184 sqft of livable with a lot size of just under 11,000 sqft. The unix mix is made up of all 2bed/1bath units with six tenants enrolled in section 8. The asset has major capital improvements such as pavers, an electric fence, new roofing, artificial grass, water efficient plants, dual pane windows, new HVAC, interior renovations, and utility upgrades. Tenants enjoy the close proximity of restaurants, employment hubs, and educational institutions. The building is just a stone's throw away from LAX & So-Fi Stadium and around the corner from the 110/105 freeways. Access to public transportation and everyday errands are made easy on the Vermont Ave & El Segundo Blvd corridors. Within the surrounding blocks there are active development projects making for a coveted opportunity to add value. 735 Laconia allows investors to position equity into a legacy asset with a stable income stream and very passive ownership!
Exterior Features

Pool N/K Site Corner LotCul-De-Sac

Interior Features

Cooling Central Forced Air Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Units With Refrigerators 7

Property Features

Annual Expense Actual 51322 Buildings 1 Cfd Mello Roos Fee 27900.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 161616 Terms Exchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1720.0 Unit2 Rent Actual 2250.0 Unit3 Rent Actual 1722.0 Unit4 Rent Actual 1722.0 Zoning Public Rec

San Diego MLS logo Listing provided courtesy of Justin White. Listing information © 2022 San Diego MLS Inc. Source:
San Diego MLS logo 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_305448046-1.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_1_305448046-1.jpg
Logo
Compass
7863 Girard Ave. #208
La Jolla CA, 92037