10596 Ayres Avenue Los Angeles, CA $ 1,799,000
10596 Ayres Avenue
$ 1,799,000
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10596 Ayres Avenue

Los Angeles, CA, 90064
$ 1,799,000
Bedrooms6 Baths4.0 Sq 2,902

Monthly Estimate*

$ 12,567

Listed by Heyler Realty
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Multi-Family Home for sale in Los Angeles, CA

for $1,799,000 with 6 bedrooms and 4 full baths. This 2,902 square foot home was built in 1929 on a lot size of 0.1433.

Introducing an exceptional investment and development opportunity nestled in the heart of Rancho Park! This romantic Spanish classic duplex holds immense potential for those with a keen eye for renovation and expansion. Featuring two units, each boasting three bedrooms and 1.5 baths, this property presents a canvas primed for transformation. Whether you're a seasoned investor or a developer seeking your next project, the possibilities are endless. Upon entry, you'll be captivated by the timeless allure of Spanish architecture, offering a solid foundation for revitalization. While the downstairs unit showcases an updated kitchen, both units retain their original Spanish tile in the bathrooms, adding to the property's inherent charm. The downstairs unit exudes warmth with its oak hardwood floors, while the upstairs unit offers a cozy carpeted ambiance. Natural light streams through each room, illuminating the vast potential within. Strategically located near shops, dining, and recreational amenities, and the future UCLA at Westside Pavilion, this property is poised for lucrative returns. Take advantage of its proximity to Rancho Park Golf Course and Cheviot Hills Recreation Park, catering to the lifestyle desires of future residents. With convenient access to transit options, including the Expo Train, commuting throughout Los Angeles is a breeze, enhancing the property's appeal to potential tenants or homeowners. While this property requires some TLC to realize its full value, its vacant status eliminates the complexities of dealing with tenants, making it an ideal canvas for your investment or development aspirations. Unlock the possibilities that abound in this enchanting Spanish classic duplex. Embrace the opportunity to shape its future and maximize its potential for long-term success. Seize this investment and development gem today! Schedule your viewing to explore the endless possibilities that await.

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Multi-Family Active

Price

$ 1,799,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Spanish

Lot Size

0.1433

Year Built

1929

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24377685

Days on Market

19

Features
General
Heating Central
Cooling None
Appliances Disposal Microwave Refrigerator
Zoning LAR2
Garage Spaces 3.0
Patio/Porch Features Open Patio
Architectural Style Spanish
Pool Features None
Security Features CarbonMonoxideDetectors SmokeDetectors
Year Built 1929
Stories 2
Levels Two
Gross Income 120000.0
County Los Angeles
Net Operating Income 75900.0
Insurance Expense 400.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status ActiveUnderContract
Directions South of Pico Blvd East of Overland Avenue West of Prosser Avenue
City Los Angeles
View Y/N N
Senior Community Y/N N
Open Parking Spaces 3.0
Total Units 2
MLS Area C08 - Cheviot Hills/Rancho Park
Lot Size Square Feet 6241.0
Private Pool N
Waterfront Y/N N
Carport Spaces 3.0
Carport Y/N Y
Street Name Ayres
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 250.0
Home Warranty Y/N N
Property Condition Fixer
Trash Expense 300.0
Water Sewer Expense 500.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 10
Standard Status ActiveUnderContract
Occupancy Description Vacant
Taxes 1875.0
Cap Rate 4.2
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Interior
Flooring Carpet Wood
Fireplace Features None
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Avenue
Laundry Features Inside Stacked
Total Bedrooms 6
Electric On Property Y/N N
Total Baths 4
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Exterior
Parking Features Driveway Garage
Total Parking 6.0
Lot Size Area 6241.0
Number of Buildings 1
Spa N
Building Area Total 2902.0
Lot Size Acres 0.1433
Lot Size Units SquareFeet
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 10596
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* Excluded Features
List By
Heyler Realty

Broker

(310) 470-2030

Phone

Affordability Calculator

$12,567
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Monthly Principal & Interest
$12,567
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$1,799,000 Listed Price

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10596 Ayres Avenue, Los Angeles, CA, 90064 is a Multi-Family Home for sale at $1,799,000 with 2,902 sqft and a lot size of 0.1433. 10596 Ayres Avenue has 6 bedrooms, 4.0 baths, and was built in 1929. The property's zip code is 90064 which is in Los Angeles, CA