11631 Ayres Avenue,  Los Angeles CA, 90064 (Residential Income)

4,100 sqft
Status: Pending
MLS#: PW16717976
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Last Updated: 12/6/2016 1:39 AM
Description for 11631 Ayres Avenue Los Angeles, CA 90064
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.
Price
$1,860,000
Los Angeles
4,100 (approx)
PW16717976
Pending
Description
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 Information
Property Type: Cluster, Other
0.12 Acres 562,100 sq.ft. 4,100 (approx)
$453.66 1940
Yes- 4 spaces
3 Total
Neighborhood
Room Information
Den/Study, Living Room
First Floor Bedroom, 1 Master Suite
Inside
Shower
Interior Features
Dishwasher, Gas Range/Cooktop, Refrigerator, Stacked Washer/Dryer
Ceramic Tile
Central Air
French Doors, Cathedral/vaulted Ceiling, Granite Counter Top, Open Floor Plan
Exterior / Lot Features
4 Garage Spaces, 7 Parking Spaces, Assigned Parking Space, Detached Carport, Garage, Private
None
No Pool
Trees/Woods
LARD1.5
Wood
Sidewalks
Driving Directions
Pico and Barrington
Financial Considerations
4260033027
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90064 has a population of 3,804,503.

The median household income in Los Angeles, California 90064 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90064 is 34.1 years.

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Courtesy: Modern Realty Co. Marie Chung
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Information is deemed reliable but is not guaranteed.

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