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Diego Magdaleno

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

$615,000

Est. payment - /mo

6,198 Sqft Lot

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Sun Jan 11, 11:00am - 2:00pm

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25258869

HOA Y/N No

Year Built 1947

Lot Size 6,198 Sqft

Lot Dimensions Assessor

Property Sub-Type Duplex

Property Description

MOTIVATED SELLER - $74,000 PRICE DROP & OVER 10% REDUCTION. Two detached single story bungalows on one lot, front unit delivered VACANT at close of escrow. Tenants pay ALL UTILITIES including water, trash, gas, and electricity. This income producing property offers approximately 2,156 square feet of living space across two spacious two bedroom one bath units each with its own charm.

The front unit at 1,055 square feet has been completely remodeled inside and out with modern finishes, fresh paint, and a clean move in ready feel. This makes it ideal for an owner user who wants to live in one unit while earning rental income from the other. The rear unit at 1,101 square feet is tenant occupied at $859 per month providing immediate stable cash flow.

Built in 1947, both homes sit on approximately a 6,200 square foot lot with private drive access and parking for 10 or more cars. With the benefit of ZERO landlord utility expenses and the upside of remodeling already completed in the front unit, this property is a strong option for both investors and owner occupants

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR2

Interior

Interior Features Brick Walls

Heating Radiant

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Appliance Gas Range, Refrigerator

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Parking Features Assigned

Pool None

Community Features Curbs, Storm Drain(s), Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N No

View None

Accessibility None

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6069012025

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae

Special Listing Condition Standard

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Listed by Boris Almengor Lyon Stahl Investment Real Est balmengor23@gmail.com

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11010 Willowbrook AVE Los Angeles, CA 90059