11631 Ayres Avenue, Los Angeles, CA 90064

$1,860,000 Approx. USD 0 beds, 0 baths
4,100 sqft

Agent Remarks

Amazing property and excellent investor opportunity offered in this beautiful 3 unit 2 story townhome style 2 bed/1.75 bath property with a den/office that can be used as and converted to a 3rd bedroom. This special property offers a rare opportunity to convert units to condos and sell each unit separately, or keep as a rental property with excellent monthly income. The condo conversion process has been initiated and approved by the city, see attached city documents for more information. All units are rented to wonderful tenants at current market value rents offering great monthly rental income for the new owner. This property was torn down to the studs and updated in 2002. Walk through a private gate into an enchanting garden that leads to each unit's front door. All homes have their own private garage, in unit washer & dryer, huge updated kitchen, French doors leading to your own private patio, high vaulted ceilings, large open floor plan and walk in closets. 2 bedrooms and baths upstairs and den/office/ 3rd bedroom downstairs. All of this is located near restaurants and shopping and less than half a mile from where the new West LA Exposition Metro stop will be and a new shopping development in the area that will be completed later this year. Please do not disturb occupants or walk the property without an appointment.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# PW16717976
List price is $1,860,000
Beds: 0
Baths: 0
Built in 1940
4,100 sqft
0.12 acres
Lot size: 5621.000
County: Los Angeles
Zoning: LARD1.5
Interior features: Cathedral-Vaulted Ceilings,Granite Counters,Kitchen Open to Family Room,Open Floor Plan,Remodeled Kitchen,Shower
Appliances: Dishwasher,Gas Oven,Gas Stove,Refrigerator
Parking description: Assigned,Carport Detached,Garage,Private,Garage - Rear Entry
Heating description: Central Furnace
MLS area: WLA - West Los Angeles

Last Updated: 10/14/2016

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This listing belongs to the WLA - West Los Angeles MLS area

The listing is zoned LARD1.5.
View more listings zoned LARD1.5

Broker: Courtesy of Modern Realty Co.
Listing Agent: Marie Chung

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