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Key Details
Sold Price $1,250,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,750 sqft
Price per Sqft $454
MLS Listing ID 24448437
Sold Date 01/24/25
Bedrooms 7
HOA Y/N No
Year Built 1944
Lot Size 8,176 Sqft
Property Description
Beautifully maintained, income-generating property offering incredible value and stability! This legal duplex is FULLY OCCUPIED with long-term tenants paying market rents. Generating approximately $95,000 in gross annual income this is the perfect addition to your portfolio or a 1031 exchange opportunity. Situated on a generous 8,200 SF lot, this compound features two remodeled homes, each with its own private yard, PLUS a bonus unit. 10527 Truro is a 3 + 2, apx 1000SF, updated modern finishes, and AC. 10529 Truro offers another spacious 3+2 layout with large kitchen + dining, living room, washer/dryer, and a private grassy backyard. Additionally, there's a 3rd bonus unit complete with a remodeled kitchen, bath, laundry, central HVAC and a private patio providing even more income! With off-street parking and extra storage + sheds, this property is not only functional but incredibly convenient for tenants. Located just moments from LAX and the thriving Inglewood scene with its world-class sports venues, entertainment, shopping, and more, Truro is perfectly positioned to maintain great tenancy in a rapidly growing area. Don't miss out on this high-performing investment property!
Location
State CA
County Los Angeles
Area 105 - Lennox
Zoning LCR2YY
Rooms
Other Rooms Shed(s)
Interior
Heating Central, Wall Furnace
Cooling Central Air
Fireplace No
Appliance Dishwasher, Refrigerator
Exterior
Parking Features Driveway
Total Parking Spaces 2
Building
Story 1
Entry Level One
Architectural Style Contemporary
Level or Stories One
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 4036026025
Special Listing Condition Standard
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Bought with Frank Martinez eXp Realty of California Inc
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Founder & CEO | License ID: CA DRE# 01952035
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