Los Angeles, CA 90064 10596 Ayres Avenue

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Presented By: Jae Wu with Heyler Realty;
  • MLS# 24377685
  • 04/10/2024
  • Request Tour
  • Request Info
  • BedBeds • 6
  • BathBaths • 4
  • FootageSQFT • 2,902
  • GarageGarage • 3

Home Details

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.
Presented By: Jae Wu with Heyler Realty;

Interior Features for 10596 Ayres Avenue

Bedrooms

Total Bedrooms6

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths4

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Wood
Heating Y/NYes
Laundry FeaturesInside, Stacked
Street SuffixAvenue
Total Stories2

General for 10596 Ayres Avenue

Additional Parcels Y/NNo
AppliancesDisposal, Microwave, Refrigerator
Architectural StyleSpanish
Attached Garage No
Cap Rate4.2
Carport Spaces3.0
Carport Y/NYes
CityLos Angeles
CoolingNone
CountyLos Angeles
Days on Market10
DirectionsSouth of Pico Blvd, East of Overland Avenue, West of Prosser Avenue
Electric Expense250.0
Garage Spaces3.0
Garage Y/NYes
Gross Income120000.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense400.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6241.0
MLS AreaC08 - Cheviot Hills/Rancho Park
MobileHomeRemainsYNNo
Net Operating Income75900.0
New ConstructionNo
Occupancy DescriptionVacant
Open Parking Spaces3.0
Patio/Porch FeaturesOpen, Patio
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property ConditionFixer
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Street NameAyres
Taxes$1,875
Total Units2
Trash Expense300.0
View Y/NNo
Water Sewer Expense500.0
Waterfront Y/NNo
Year Built1929
ZoningLAR2

Exterior for 10596 Ayres Avenue

Building Area Total2902.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1433
Lot Size Area6241.0
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Open Parking Y/NNo
Parking FeaturesDriveway, Garage
SpaNo
Total Parking6.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,799,000
MLS#24377685
List Date 04/10/2024
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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