Sold: May 03, 2021
Address
1609 Vineyard Avenue Los Angeles, CA
Price
$ 1,075,000
Property Attributes
  • MLS#21701160
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • Zip90019
  • Style
  • Price$ 1,075,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Lot Size7,499 SqFt
Listing Provided Courtesy Of:
Jonathan Rawson with DCDH Investments, Inc. -
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

ALL 3 UNITS TO BE DELIVERED VACANT! 1609 Vineyard Avenue provides the unique opportunity for an investor or developer/contractor to provide luxury housing to the rising demand in red-hot Mid City! Buyer can utilize their vision for the property with all 3 units being delivered vacant. Located right at the corner of Venice Blvd & Vineyard Avenue, 1609 Vineyard Avenue sits roughly 750-1,000 feet away from The Midtown Crossing Shopping Center. Midtown Crossing is the home to many anchor tenants such as Starbucks, Lowes, Wells Fargo, Chase Bank, Planet Fitness, Bank of America, Pet Smart, Living Spaces, CVS Pharmacy, Ralphs and many more! Across the street from Midtown Crossing is the recently built Sprouts Farmers Market & Target. Within driving 5-10 minutes driving distance is the almost finished Cumulus Development Project in West Adams, Kaiser Permanente West LA, Miracle Mile, Park La Brea, Culver City Arts District & The Beverly Center. Tenants can feel safe & secure knowing that the LAPD Wilshire Station is approximate 0.5 miles from the property, and LAFD Station 68 is approximately 1 mile away. Sitting on a 7,500 SF lot zoned LARD 1.5, the next owner can build up to 5 luxury units/townhomes by right (Buyer to verify). The front house is 3 Bed/2 Bath, the middle house is a Studio, and the back house is 1 Bed/1 Bath

Price History
3/5/2021 Listed $1,150,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90019

Price
AVG $1.89M
$1.08M

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