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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$843,000

Est. payment - /mo

4 Beds

5 Baths

1,820 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,820 sqft

Price per Sqft $463

MLS Listing ID 25545977

Bedrooms 4

HOA Y/N No

Year Built 1924

Lot Size 3,959 Sqft

Property Description

OPPORTUNITY TO ASSUME SELLER'S LOAN AT 3.25% WITH MATURITY DATE OF 2052! SAVE ALMOST $500,000 OVER THE LIFE OF THE LOAN (BASED ON 6.75% CONVENTIONAL LOAN)!! PLUS... all units may be delivered vacant -- offering the possibility for maximum rental income. This updated, recently remodeled 3-unit property is just minutes from USC, freeways and vibrant downtown. The updated and upgraded property blends classic bungalow charm with modern conveniences. The front unit welcomes with a spacious, covered front porch and an updated interior. An open-concept layout features wood-style flooring, recessed lighting, and an abundance of natural light. The modern kitchen is outfitted with shaker cabinets, newer appliances, and stylish finishes. Two spacious bedrooms, including one ensuite, are thoughtfully separated by a hallway for added privacy. Unit 2 is a spacious studio/1 bath with dedicated kitchen, and opportunity to expand for a larger living area, nook, or even a private bedroom (buyer to investigate). Tucked away behind a privacy fence, is a 1/1 ADU with large, private patio perfect for outdoor living. Inside, enjoy an open kitchen and living area, plus an oversized private bedroom. A separate room (office, studio) increases the living space at this very private unit. The entire property has been recently renovated with modern design and updated finishes. Opportunity to obtain top rents in the area from day one! Perfect for an investor seeking cash flow or owner-user looking for current-rate rental income. Here's an opportunity not to be missed!!

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Zoning LAR2

Interior

Heating Wall Furnace

Flooring Tile

Inclusions Kitchen Applicances, Washer/Dryer

Fireplace No

Appliance Refrigerator

Laundry Common Area, Laundry Room

Exterior

Parking Features Gated, Side By Side

Total Parking Spaces 3

Building

Story 1

Entry Level One

Architectural Style Bungalow

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5041035017

Financing Assumed

Special Listing Condition Standard

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Listed by Darian Robin • The Agency

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1726 W 37th PL Los Angeles, CA 90018