$1,220,000
$1,195,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
5,192 Sqft Lot
SOLD DATE : 01/22/2024
Key Details
Sold Price $1,220,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC23180713
Sold Date 01/22/24
Construction Status Turnkey
HOA Y/N No
Year Built 2015
Lot Size 5,192 Sqft
Property Description
Welcome to your next savvy investment in the heart of Los Angeles! This impressive duplex offers the perfect blend of space, modern amenities, and income potential, making it an ideal addition to your real estate portfolio. Investors will be pleased to know that the age of this property QUALIFIES IT FOR A TPA RENT CONTROL EXEMPTION providing flexibility in setting rental rates. KEY FEATURES: 9 Total parking spots!! The gated parking area provides peace of mind for residents, including ample space for 7 vehicles uncovered, with 2 additional spots in the detached garage. This spacious duplex features two substantial units, each boasting 4 bedrooms and 3 bathrooms. Unit 1 has month to month tenants enjoying a modest “good tenant discount” who have expressed an interest in staying long term. The vacant unit has JUST BEEN thoughtfully renovated, ensuring an attractive living space promoting immediate occupancy. A spacious backyard provides outdoor entertainment possibilities or future development options. Moreover, this property is strategically zoned 'LAC2,' offering exciting opportunities for future development into a commercial space, making it an even more lucrative investment prospect.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAC2
Interior
Interior Features Recessed Lighting
Heating Central
Cooling Central Air
Flooring Tile, Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Range, Range Hood
Laundry Inside, Upper Level
Exterior
Parking Features Electric Gate, Gravel, Gated, Paved, Private, Garage Faces Rear
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Wrought Iron
Pool None
Community Features Curbs, Gutter(s), Rural, Storm Drain(s), Street Lights, Sidewalks, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Spanish Tile
Accessibility None
Total Parking Spaces 9
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 6063016002
Security Features Carbon Monoxide Detector(s),Security Gate,Smoke Detector(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing FHA
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Humberto Lopez • Century 21 A Better Service
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "