3280 Provon Lane Los Angeles, CA ^$ 3,000,000

3280 Provon Lane

^$ 3,000,000

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Recently Listed

3280 Provon Lane

Los Angeles, CA, 90034

^$ 3,000,000

Studio Baths0.0 Sq 7,889

Monthly Estimate*

^$ 20,956

Listed by Kidder Mathews of California, Inc.

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Studio

Commercial Property for sale in Los Angeles, CA

for $3,000,000. This 7,889 square foot building was built in 1953 on a lot size of 0.1734.

6 OF 10 LEGAL UNITS ARE VACANT, 1 NON-CONFORMING UNIT VACANT. Constructed in 1953, 3280 Provon Lane is comprised of one two-bedroom unit, nine spacious one-bedroom units, and one non-conforming one-bedroom unit. Among the 10 legal units, several boast upgraded kitchens, showcasing custom oak cabinets, granite countertops, laminate vinyl plank flooring, and recess lighting. Presently, six of the ten sit unoccupied, with four of these vacancies yet to undergo renovation. ELEVENTH NON-CONFOMRING UNIT HAS BEEN IN OPERATION FOR DECADES AND IS CURRENTLY VACANT. PRIME CANDIDATE FOR CONVERTING INTO AN ADU.

Commercial Active

Price

^$ 3,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.1734

Year Built

1953

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24382347

Days on Market

Features

General

Zoning LAR3

HOA 0.0

Year Built 1953

Electric Standard

County Los Angeles

Net Operating Income 198928.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Take Robertson and then west on National

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 10

MLS Area C08 - Cheviot Hills/Rancho Park

Lot Size Square Feet 7554.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Provon

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 0

Standard Status Active

Cap Rate 6.63

Exterior

Total Parking 7.0

Lot Size Area 7554.0

Number of Buildings 1

Spa N

Building Area Total 7889.0

Lot Size Acres 0.1734

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Lane

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 3280

* Excluded Features

List By

Kidder Mathews Of California, Inc.

Broker

(323) 202-9741

Phone

Affordability Calculator

$20,956

Per Month

Monthly Principal & Interest: $20,956
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,233,731

Percent of Sale Price 26%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/20/2024	$3,000,000		Listed Price

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3280 Provon Lane, Los Angeles, CA, 90034 is a Commercial Property for sale at $3,000,000 with 7,889 sqft and a lot size of 0.1734. 3280 Provon Lane is a studio with 0.0 baths and was built in 1953. The property's zip code is 90034 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/3/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3280 Provon Lane

Commercial Property for sale in Los Angeles, CA

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