Property listed by Bruce Jay Associates, Bruce Jay 323-660-3600
4510 Avocado Street
Los Angeles, CA 90027
Square Ft.
6,255
$12,000,000
THIS IS AN ASSEMBLAGE OF 4 LOTS FOR ANY BUSINESS DEVELOPMENT: ONE COMMERCIAL PROPERTY ON HILLHURST AVENUE, PLUS ONE ''NEXT DOOR'' SINGLE FAMILY RESIDENCE ON AVOCADO STREET, PLUS ONE ''NEXT DOOR'' DUPLEX ON AMBROSE AVENUE, PLUS ONE TRIPLEX ON AMESBURY AVNUE (''next door'' to the previous Triplex on Amesbury… Read More Avenue). ---News Flash! OWNER SAYS 'MAKE AN OFFER ON THE PRICE'!! --- OWNER SAYS OWNER-CARRY-LOAN AVAILABLE!! --- There are TWO Offerings for your consideration: FIRST OFFERING: For the first time in 60 years, we are Offering the opportunity to Purchase a LONG STANDING SUCCESSFUL MEDICAL PRACTICE, which is still performing in Prime Los Feliz (Zip Code 90027). SEE THE ''BUSINESS OPPORTUNITY'' DETAILS IN THE MLS - WHICH IS SOLD SEPARATELY. This Medical Practice is a Perfect Investment for any Physician Seeking Career Growth to either Start, or Expand, their current occupation. This Medical Practice for purchase includes a productive History of approximately 8,000 Patients. This includes Medi-Cal and Medicare Patients, as well. We are only seeking interest from Qualified and Experienced Physicians. Please note that this Offering of the Medical Practice does not include the Real Estate where the Medical Practice is located. It may be possible to review a potential Lease Opportunity at the current location of the Medical Practice. Please CONTACT US for more details about the Medical Practice being offered. SECOND OFFERING: We are also offering an Assemblage of FOUR Real Estate Properties where the current Medical Practice has been located and in practice for decades. This is a Highly Choice Prime Location in the Los Feliz Area (Zip Code 90027) and is a Very Rare Offering as an Extreme Opportunity for your Real Estate Investment Portfolio. This includes FOUR Income Producing Investments on Four Separate Lots. One property is Commercially Zoned. And the other 3 properties are Residentially Zoned. Please note that All Tenants on All Properties are renting month-to-month. The Commercial Building is where the Medical Practice has operated for decades in Prime Los Feliz. The Commercial Address is 2101 Hillhurst Avenue, 90027. And there are 2 additional Commercial Tenants that also relate to the Medical Field. Any and all of the Commercial Spaces could possibly be used for Retail / Medical / Stores / Restaurants, etc. The 3 ADDITIONAL Residential Properties are located as follows (all in the Prime 90027 Zip Code): 4507-4509 Ambrose Avenue; 4511-4513 Ambrose Avenue; and 4510 Avocado Street. The Land Assemblage totals 22,618 Sq. Ft. for possible use or development. Should you consider a purchase in order for you to Develop these properties, it may have potential to convert some of the Residential Properties spaces to provide additional Parking for your Potential New Building Project. Please check with your sources (Architect, Building Contractor, etc.) regarding a potential Building Construction of 25 to 40 Units, or more (please note that we cannot guarantee any development choices that may be considered as the Los Angeles Department of Building and Safety will be your best choice to decide upon any Development, as you know). Please note that the ownership will consider PRICE OFFERS along with potential OWNER CARRY FINANCING for your purchase. Please view the information below for more details about the Assemblage of the FOUR Real Estate Properties where the Medical Practice has been located for decades; LAND TOTALS 22,618 Sq.Ft.: 2101 Hillhurst Avenue 5,704 Sq.Ft. C4 Zoning - PROFESSIONAL BUILDING; 4507 Ambrose Avenue 5,650 Sq.Ft. LARD 1.5 Zoning - MULTI-FAMILY 3 UNIT; 4511 Ambrose Avenue 5,631 Sq.Ft. LARD 1.5 Zoning - DUPLEX; 4510 Avocado Street 5,633 Sq.Ft. LARD 1.5 Zoning - SINGLE FAMILY RESIDENCE. PLEASE LET US KNOW IF ANY QUESTIONS - DON'T MISS THIS RARE GOLDEN OPPORTUNITY IN PRIME LOS FELIZ! Read Less
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
6,255
Lot Size
0.52 Acres
Year Built
1923
MLS Number
26847821
Additional Details
Building
Built in 1923, 4 buildings
Home Owner's Association
Association Fee: $0
Lot
0.5192 acres
Parking
6 total parking spaces
Taxes
Parcel Number: 5590003019, Zoning: LAC4
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