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commercial

SOLD: 2434 W Avenue 32 renovated NELA Bungalows

$4,250,000

Sold

Click Me

stats

units

8

building_sq._ft.

8,920 Sq. Ft

lot_sq._ft.

0.88 Acres

area

Glassell Park

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Panoramic views

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Delivered Vacant

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ADU Potential

area

Minutes to Highland Park * DTLA

details

2434 W Avenue 32 is located in the rapidly growing Northeast LA neighborhood of Glassell Park and is adjacent to the new LA River Restoration project. The offering consists of (8) detached bungalow units; (3) 2+1s, (5) 1 +1s, and a 2,990 sqft SFR (8 Bed 4 Bath) perched on top of a 38,507 sqft lot. The SFR will be delivered VACANT. These units have been FULLY RENOVATED and include garages, private yards, washer/dryer in-unit, and abundant on-site surface parking. The top house has unrivaled 180° panoramic views of the LA River and Mt. Washington. Property is offered at a 5.25% CAP rate and 13.79 GRM. There is potential to add TWO ADUs to this property (Buyer to verify)

location

2434 W Avenue 32

Los Angeles

photos

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contact

nikki
kilmer

residential

(310) 245 – 1251

nikki@yourspotla.com

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Figure 8 Realty | 1509 West Sunset Boulevard Suite B | Los Angeles, CA 90026 | (213) - 537 - 0114 | Login

Figure 8 Realty | Highland Park Office | 5683 York Blvd | Los Angeles, CA 90042 | (323) - 507 - 2114

Broker | Ed Faktorovich | BRE #01401897