11934 Willowbrook Avenue, Los Angeles CA, 90059
(Active)
$4,700,000
|
4,629 sqft
|
MLS# DW24060859
Last Updated: 4/27/2024 2:46 AM
Description for
11934 Willowbrook Avenue
Los Angeles, CA 90059
A unique opportunity for investors to own 11934-11940 Willowboork, Los Angeles, CA., a thriving men's tranformational sober living center. This property features 24 well-appointed rooms, providing a total of 44 beds to accommodate indviduals on the transformative journey. The flexibility of room configurations, ranging from single-bed setups, caters to varying needs and preferences. Strategically located in Los Angeles, this center benefits from a prime location with easy access to essential amenities and transportation. The current CAP rate of 8% highlights its strong profitable income-generating property, making it an attractive investment opportunity for discerning investors seeking a profitable business venture in the commercial real estate market. Don't miss out on the chance to invest in a thriving business and real-estate with a solid CAP reate and promising growth prospects. Contact us today to explore this lucrative investment opportunity ruther. The property comes with a conditional use permit (CUP) approved by the city in this neighborhood only.
Price
$4,700,000
Los Angeles
4,629 (approx)
DW24060859
Active
Description
A unique opportunity for investors to own 11934-11940 Willowboork, Los Angeles, CA., a thriving men's tranformational sober living center. This property features 24 well-appointed rooms, providing a total of 44 beds to accommodate indviduals on the transformative journey. The flexibility of room configurations, ranging from single-bed setups, caters to varying needs and preferences. Strategically located in Los Angeles, this center benefits from a prime location with easy access to essential amenities and transportation. The current CAP rate of 8% highlights its strong profitable income-generating property, making it an attractive investment opportunity for discerning investors seeking a profitable business venture in the commercial real estate market. Don't miss out on the chance to invest in a thriving business and real-estate with a solid CAP reate and promising growth prospects. Contact us today to explore this lucrative investment opportunity ruther. The property comes with a conditional use permit (CUP) approved by the city in this neighborhood only.
Listing Information
| Property Type: Business Opportunities, 2 Story | ||
| 0.19 Acres | Assessor | 4,629 (approx) |
| 1947 | 2 | Frame |
Public
Cable Available,Cable Connected,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Connected,Sewer Available,Overhead Utilities
2 Total
Neighborhood
Room Information
Common Area
Interior Features
Closed Circuit Camera(s),Carbon Monoxide Detector(s),Gated Community,Resident Manager,Smoke Detector(s)
Exterior / Lot Features
0 Covered Parking Spaces,
Frame
Composition
Wrought Iron
0-1 Unit/Acre,Walkstreet
Community Features
Closed Circuit Camera(s),Carbon Monoxide Detector(s),Gated Community,Resident Manager,Smoke Detector(s)
Driving Directions
South of the 105 freeway Exit Wilmington, left E 119th, right on Wilmington property on left side
Financial Considerations
| 6150023019 |
Cash,Conventional,Private Financing Available
Listing Price History
Los Angeles Real Estate
Los Angeles is located in California. Los Angeles, California 90059 has a population of 3,956,168.
The median household income in Los Angeles, California 90059 is $44,091. The median household income for the surrounding county is $73,262 compared to the national median of $66,222. The median age of people living in Los Angeles 90059 is 38 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 3/27/2024 | Active | $4,700,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $5,972 USD | 5.33% | $300,235 USD | 2.00% |
| 2022 | $5,670 USD | -0.67% | $294,349 USD | 2.00% |
| 2021 | $5,708 USD | 1.51% | $288,578 USD | - |
| 2020 | $5,623 USD | 0.86% | $288,578 USD | 1.04% |
| 2019 | $5,575 USD | 14.29% | $285,620 USD | 2.00% |