$1,550,000
34.0394 -118.447
FOR SALE

1953 Butler Avenue Los Angeles, CA 90025

$1,550,000
Est. Monthly $5,485 recalculate
 

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CENTURY 21 A Better Service Realty
8077 Florence Avenue
Suite 204
Downey, CA 90240
562.­806.1000
562.­806.1000
CENTURY 21 A Better Service Realty
8077 Florence Avenue Downey, CA 90240
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1953 Butler Avenue
Los Angeles, CA 90025

Explore This Property

Multi-Family (2-4 Units) - Investors, Developers and Home Owners will love this incredible opportunity to own this amazing property with approved plans for a 1200 square foot ADU unit with modern architecture. This location has amazing potential as an income producing property. This home is in a prime West LA location situated between Santa Monica, Century City and Westwood. The owner has already secured all the permits for the ADU. The build out has commenced with grading, footings and framing. Seller is willing to partner with investor/buyer to finish the ADU over the next 3 to 4 months and share in the profit margins. Potential ARV after completion of ADU based on current apraissal is 2.7 Million. In addition the front house can be torn down and rebuilt to quadruple the current square footage on the existing home and further increase the ARV. Seller is also willing to continue the completion of the ADU for $275 a square foot. Estimated/Expected Subject to Completion Value is $2,900,000 based on apraissal report dated November 6, 2019
MLS # CV20011157
Courtesy Of Avance Real Estate

Property Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Roof Type: Unknown
  • View Type: Valley

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $5,485Your estimated monthly payment
    $310,00020% Down Payment
    $1,550,000 $1,240,000
    purchase price loan amount
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    NORA STERRY ELEMENTARY SCHOOL
    Grades PRESCHOOL-5 | Public School

    LOS ANGELES, CA 90025
    1730 CORINTH AVE
    310-473-2172
    0.4
    miles

    Total Students 300
    Student Teacher Ratio 17:1

    School Rating

    3 stars View School Details
    Middle School
    DANIEL WEBSTER MIDDLE SCHOOL
    Grades 6-8 | Public School

    LOS ANGELES, CA 90064
    11330 GRAHAM PL
    310-235-4600
    0.9
    miles

    Total Students 500
    Student Teacher Ratio 17:1

    School Rating

    1 star View School Details
    High School
    UNIVERSITY SENIOR HIGH SCHOOL
    Grades 9-12 | Public School

    LOS ANGELES, CA 90025
    11800 TEXAS AVE
    310-914-3500
    0.9
    miles

    Total Students 1802
    Student Teacher Ratio 22:1

    School Rating

    4 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Arete Preparatory Academy 0.3 mi Private 9-12
    New Horizon School Westside 0.3 mi Private PRESCHOOL-5
    Brawerman Elementary School?wilshire Blvd Temple 0.3 mi Private K-6
    Wildwood School 0.5 mi Private 6-12
    The City 0.5 mi Public 6-8
    New West Charter School 0.5 mi Public 6-12
    Citizens Of The World - Mar Vista 0.6 mi Public K-6
    Fusion Academy - Los Angeles 0.6 mi Private 6-12
    St Sebastian School 0.7 mi Catholic PRESCHOOL-8
    Global Montessori School Of Westwood 0.8 mi Private PRESCHOOL-K
    Richland Avenue Elementary School 0.8 mi Public PRESCHOOL-6
    Magnolia Science Academy 4 School 0.9 mi Public 6-12
    New Roads School 0.9 mi Private K-12
    Brockton Avenue Elementary School 1.0 mi Public PRESCHOOL-5
    Westwood Charter Elementary School 1.1 mi Public K-5
    Southern California Montessori School 1.1 mi Private PRESCHOOL-1
    Emerson Community Charter School 1.2 mi Public 6-8

    Local Area Information for Los Angeles, CA 90025

    Median Age: 37.7
    Married: 27.2%
    Number of Households: 22,233
    Households with Children: 3,028
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2020 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      † Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.