Skip To Content

735 Laconia Blvd

Los Angeles (City), CA 90044
  • $2,375,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: PW22098853
UPDATED: 46 min ago
$2,375,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1991
County:

School Ratings & Info

Listing Agent(s): Justin White of Justin White (714-231-2537)


Description

Located in the heart of LA's immensely growing neighborhood called Athens, is the 7 unit building at 735 LaconiaBlvd. 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 all2bed/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, interiorrenovations, and utility upgrades. Tenants enjoy the close proximity of restaurants, employment hubs, andeducational institutions. The building is just a stone's throw away from LAX & So-Fi Stadium and around thecorner from the 110/105 freeways. Access to public transportation and everyday errands are made easy on theVermont Ave & El Segundo Blvd corridors. Within the surrounding blocks there are active development projectsmaking for a coveted opportunity to add value. 735 Laconia allows investors to position equity into a legacy assetwith a stable income stream and very passive ownership!

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T23:29:22.76. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/128594627
Print Image

735 Laconia Blvd Los Angeles (City), CA 90044

  • Price: $2,375,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 46 min ago
  • ID#: PW22098853
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1991
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
Located in the heart of LA's immensely growing neighborhood called Athens, is the 7 unit building at 735 LaconiaBlvd. 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 all2bed/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, interiorrenovations, and utility upgrades. Tenants enjoy the close proximity of restaurants, employment hubs, andeducational institutions. The building is just a stone's throw away from LAX & So-Fi Stadium and around thecorner from the 110/105 freeways. Access to public transportation and everyday errands are made easy on theVermont Ave & El Segundo Blvd corridors. Within the surrounding blocks there are active development projectsmaking for a coveted opportunity to add value. 735 Laconia allows investors to position equity into a legacy assetwith a stable income stream and very passive ownership!
Exterior Features

Fencing Electric Lot Features Corner LotCul-De-Sac Number Of Separate Electric Meters 7 Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features BathDining RoomGasKitchenLiving RoomMaster Bedroom Fireplace YN Yes Flooring Laminate Heating Central Heating YN Yes Interior Features Balcony Window Features Double Pane Windows

Property Features

Additional Parcels YN No Common Interest None Community Features Suburban Electric Expense 0 Fuel Expense 0 Garage YN Yes Green Energy Efficient Hvac Gross Income 153535 Gross Scheduled Income 161616 Insurance Expense 2970 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 Exchange Maintenance Expense 2100 Net Operating Income 102213 New Construction YN No New Taxes Expense 27900 Number Of Separate Gas Meters 7 Number Of Separate Water Meters 170 Operating Expense 51322 Pest Control Expense 1400 Rent Control YN Yes Senior Community YN No Sewer Public SewerNone Special Listing Conditions Standard Trash Expense 2975 Utilities Sewer Not AvailableWater Not Available Water Sewer Expense 2975 Water Source PublicNone



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T23:29:22.76. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368874839-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368874839-1.jpg
Logo
Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Justin White of Justin White (714-231-2537)