4019 McLaughlin Avenue
$2,000,000
8
6
2,726
2,726
$734
Description
Great opportunity for a builder to develop, an investor to buy and hold or as an owner-user property. Introducing an exceptional development opportunity. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). Located in a prime area of Los Angeles. Zoned R3-1, this property offers a substantial buildable area, making it an ideal site for a multifamily residential project. With a generous lot size and significant allowable floor...Great opportunity for a builder to develop, an investor to buy and hold or as an owner-user property. Introducing an exceptional development opportunity. Eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). Located in a prime area of Los Angeles. Zoned R3-1, this property offers a substantial buildable area, making it an ideal site for a multifamily residential project. With a generous lot size and significant allowable floor area, this parcel is perfect for developers looking to maximize their investment in a highly desirable location. Key features include ample buildable space: The property spans 7,753 sq. ft. with a buildable square footage of 23,259 sq. ft., providing a solid foundation for a substantial development. Located in a vibrant and sought-after part of Los Angeles, this property is ideally positioned to attract residents. Its strategic location offers easy access to major transportation routes, shopping, dining, west side beaches and other urban amenities, ensuring strong demand and sustained growth potential. This 6 unit building consisting of five 1 bedroom/1 baths and one 3 bedroom/1 bath. Two of the 1/1 units and the 3/1 bath unit may be delivered vacant at close of escrow. The remaining three 1/1's have tenants, these units will not be delivered vacant. There is copper plumbing vertical, horizontal and main line, Roof is about 15 years old. Great location close to Marina del Rey, Venice and Santa Monica beaches. . Information provided is deemed reliable but not guaranteed. Buyer and buyers agent to verify all information given by performing their investigations to confirm all information including but not limited to lot size, zoning and building restrictions. Showings will be scheduled by appointment with an accepted offer subject to interior inspection. Call listing agent for information regarding the current rent roll.
- Listed by Shamim Khorsand Mashhadi • DRE #02042990 • Brokerage DRE #01050989 • RE/MAX ESTATE PROPERTIES
Property Details for 4019 McLaughlin Avenue
Zoning
LAR3
Parcel Number4233008014
Total Units6.0
Living Area2726
Source Living AreaVendor Enhanced
AreaPalms - Mar Vista (C13)
Vacancy Rate5%
Lot Size Area7756
LISTING UPDATED: 10/14/2024 08:26 AM
Property Details for 4019 McLaughlin Avenue
Status | Active |
---|---|
MLS # | 24-412575 |
Days on Market | 166 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1951 |
Lot Size | 0.18 AC / 7,756 SF |
County | Los Angeles County |
Building Information for 4019 McLaughlin Avenue
Stories1Residences-Year Built1951Building Size-Lot Size0.18 AC / 7,756 SF
Property Information for 4019 McLaughlin Avenue
Property History for 4019 McLaughlin Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4019 McLaughlin Avenue
Taxable ValueLand$1,312,373Additions$463,704Total$1,776,077
Tax Record2024$22,173 ($1,848 / month)
Home Facts
Total Finished SqFt2,726 SqFtAbove Grade Finished SqFt2,726 SqFtLot Size7,753 SqFtStyleMulti-Family Res (5+ Units)Year Built1951ZoningLAR3CountyLOS ANGELESAPN4233-008-014
Schools near 4019 McLaughlin Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Grand View Boulevard Elementary School PublicK to 5 | ||
Marina Del Rey Middle School Public6 to 8 | ||
Venice Senior High School Public9 to 12 | ||
James J. Mcbride Special Education Center Public6 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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