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Diego Magdaleno

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

$625,000

Est. payment - /mo

4 Beds

2 Baths

1,464 SqFt

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,464 sqft

Price per Sqft $426

MLS Listing ID 25554643

Bedrooms 4

HOA Y/N No

Year Built 1956

Lot Size 5,597 Sqft

Property Description

We are pleased to present 1513 Hendricks Avenue, a well-located and attractively priced duplex in the heart of East Los Angeles. Both units are currently occupied, offering immediate rental income with substantial value-add potential. Built in 1956, this charming single-story duplex totals approximately 1,464 rentable square feet and sits on a generous 5,597 SF corner lot. Each unit features a two-bedroom, one-bathroom layout, providing a desirable floor plan for renters or owner-occupants. The property also includes a 2-car attached garage, ideal for a potential ADU conversion along with two additional driveway parking spaces. With over 160% upside in rents, this asset presents a compelling opportunity for investors to significantly boost cash flow or for buyers to live in one unit while offsetting mortgage costs with income from the second. Strategically positioned near the 5 Freeway and offering seamless connectivity to Downtown Los Angeles, the710, 60, and 10 Freeways, and nearby neighborhoods such as Boyle Heights, Montebello, and City Terrace, the location supports strong tenant demand. The property also benefits from close proximity to the thriving industrial hubs of Vernon and Commerce, two of Southern California's premier employment centers. Tenants will enjoy walkable access to popular local amenities including Steven's Steak & Seafood House, Il Saggio Italian Restaurant, Starbucks, Tamayo Restaurant & Art Gallery, and the iconic Whittier Boulevard a cultural and commercial cornerstone of East Los Angeles known for its vibrant mix of dining, retail, and entertainment. Whether you're an investor seeking high yield or an owner-user looking to build equity while enjoying East LA's dynamic lifestyle, 1513 Hendricks Avenue is an exceptional opportunity not to be missed. Contact the listing broker for additional details.

Location

State CA

County Los Angeles

Area Ela - East Los Angeles

Zoning LCR3YY

Interior

Fireplace No

Exterior

Parking Features Door-Multi, Driveway, Garage

Attached Garage Yes

Total Parking Spaces 4

Building

Story 2

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6338021016

Special Listing Condition Standard

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Listed by Casey Lins • Kidder Mathews of California, Inc.

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1513 Hendricks AVE Los Angeles, CA 90022