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$1,025,000
Est. payment /mo
4 Beds
1,960 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,960 sqft
Price per Sqft $522
MLS Listing ID CRPW24229029
Bedrooms 4
HOA Y/N No
Year Built 1962
Lot Size 0.404 Acres
Acres 0.4
Property Sub-Type Duplex
Property Description
This is an outstanding investment opportunity in a prime location! Situated on a massive 17,000+ sqft lot, this property features two detached units, each offering a 2-bedroom, 1-bathroom layout that is perfect for long-term rental income. Both units are in excellent condition with recent updates, including modern laminated flooring, updated kitchens, and bathrooms. Currently, each unit generates a solid monthly income of $2,200, providing a reliable cash flow for investors. The units are spacious, well-maintained, and move-in ready, making them attractive to quality tenants. The property boasts a long, expansive driveway that can comfortably accommodate more than 7 vehicles, which is a rare feature in this area. This ensures ample parking space for tenants or guests and adds to the property's value. Additionally, the lot includes 3 storage units located at the rear of the property. These units are currently being used as living spaces by tenants but will be vacant and restored to their original storage-use status prior to the close of escrow. These storage units provide further potential for rental income down the road, either as additional storage or possibly even converted into more rental units (subject to zoning and permits). The expansive lot provides ample room for future
Location
State CA
County Los Angeles
Zoning LCA1
Interior
Fireplace No
Laundry Laundry Room
Exterior
Exterior Feature Other
Building
New Construction No
Others
Tax ID 8031030021
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Listed by Angel&Pat Hernandez • Synergy Real Estate
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