3

735 LACONIA BLVD Los Angeles, CA 90044

$2,375,000

Listed By Justin White, Justin White

Bedrooms

Total Baths

Full Baths

5,184

Square Feet

0.25

Acres

1991

Year Built

Active

Status

MLS#

PW22098853

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!

Details

Year Built
1991
Parking
3
Price / Sq Ft
$458
HOA
No Info
Cooling
Yes
Heating
Yes
On Website
56 Days
Acres
0.2479

Listing Office Justin White

MLS# PW22098853

Updated 10:19AM - 7/6/2022

Listing Agent Justin White

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright© 2022 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright© 2022 California Regional Multiple Listing Service, Inc. All rights reserved.

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