Los Angeles - Beach Property For Sale #2268509

Attention, check the new photos! OFFERS DEADLINE is on 6/7/22 at 5:00 PM, please submit all offers! Call to schedule a private showing, last chance before this deal is gone. Recent private money lender valuation came at $2.4M, check your comps: 7119 S La Cienega Blvd @ $2.35M; 8934 Reading Ave @ $1.9M; 6922 Glasgow Ave @ $1.8M; 6509 W 86Th Pl @ $1.75M; 7133 Ramsgate Ave is better than all of the previous due to product quality, lot size, favorable R3 zoning, 90045 best street location for 4units&up apartment buildings and developments, surrounding atmosphere and demographics, and lastly the 10/10 secluded pocket area scene! Amazing compound for your family and friends, corporate employees, social media influencers, non-profit organizations, live/work complex, photo and video shootings. There's nothing like this in Silicon Beach or the Westside, all vacant and ready-to-move-in ultra luxurious bungalows, fully withdrawn from HCIDLA rent control program commonly known as Ellis'ed out; past tenants can't claim back their rights once the units are back for rental market, as they've agreed for voluntary vacate agreements commonly known as cash-for-keys agreements. ///// Westchester's Finest Fourplex, a brand new fully remodeled and 100% vacant masterpiece estate sitting among tropical garden. Prime investment opportunity for investors to hold and collect massive income (call for more info), or tear-down and develop a beautifully designed Modern building in an A1 centrally superior location that can't be compromised. Gated oasis compound on a beautiful tree-lined street in quite Westchester Triangle neighborhood, amazing prime and central location on the Westside of Los Angeles. Huge deep lot with over 25 mature trees, 100ft high palm trees, lemon, blackberries, mint, flowering, Hawaiian trees, etc. Short bike ride from the wetlands and beach, nice walk to Central Park PV and Bluff Creek trails, right by Kenneth Hahn State Rec Area for jaw-drop views while hiking or biking. A truly paradise estate in astonishing nature with a vacation feeling and relaxed suburbs vibe. Elevated property offering great views of the surrounding hills and canyons landscape. All units are separately metered for gas/electricity and enjoy both front/back doors for a private bungalow-living sensation. Check with city to convert the current ~1,000sqft four-car garages into fully permitted ADU for a total of 5 units on sight. Demo-Permit in hand, amazing opportunity to build a 10-units apartment building by right market rates, or a 15-units apartment building utilizing LAMC 12.22A25 density bonus. This fantastic one of a kind investment/development opportunity is located in the highly desirable and sought-after Westchester neighborhood of west side Los Angeles nearby (~5min drive) LAX, LMU, HHLA Center, SoFi LASED, The Forum, Westchester Village & Town Center, Westfield CC Shopping Mall, Playa Vista Runway, Kenneth Hahn State Rec Area, Westchester Golf Course & Rec Center, restaurants, parks, schools, houses of worship and walking distance (~5min walk) to everything needed at Ladera Center Shopping Mall & The Interchange @ La Cienega; plus easy access to the 405/105/90 freeways for a straight shot (~10-20min drive) to Ballona Wetlands, Pacific Ocean, Playa Del Rey, Marina Del Rey, Venice, Santa Monica, Beverly/Hollywood Hills & DTLA among other places. Calling all investors, developers, flippers, and owners/users who are looking to invest and expand or build their State-of-the-art 10NON-RENT CONTROL Luxurious Units Apartment Building With 360-Degree Amazing Views Rooftop Deck (Astonishing portfolio addition that's worth at $12M after construction value). The property is delivered vacant, shovel-ready and comes with a city-approved set of plans to build a beautifully designed Modern Spanish building. Seller will provide the original plans, survey, and soils report at the COE. Don't miss out on this rare opportunity with tremendous upside potential. A Must See!