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Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,147 sqft
Price per Sqft $293
MLS Listing ID DW21199349
Sold Date 11/12/21
Construction Status UpdatedRemodeled,Turnkey
HOA Y/N No
Year Built 1920
Lot Size 5,501 Sqft
Acres 0.1263
Property Description
GREAT INVESTMENT OPPORTUNITY. FULLY RENTED MULTI-FAMILY. Impressive, spacious property offers TWO UNITS. Front unit offers 2 bedrooms and 1 bathroom and approximately 1,000 square feet. Rear unit offers 2 bedrooms and 2 baths and approximately 1,100 square feet. This multi-family is near 110 and 105 freeways. Easy access to shopping, dining, and schools. Close to USC and DTLA. Great income opportunity for investor or for an end-user wanting to live in one unit and offset the mortgage with the current rental income. Rear tenant is on a month-to-month. Front tenant just executed a 1yr lease through September 2022. Each unit has its own kitchen, laundry, and parking. Utilities are shared. Home is gated in front and back (alley access for rear unit). Current tenant pays $2,150/month for the rear unit. Front tenant pays $2,195/month. Both units have been recently remodeled so tenants are living in turn-key units.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR2
Rooms
Ensuite Laundry Inside
Interior
Interior Features AllBedroomsDown
Laundry Location Inside
Heating Central
Cooling CentralAir
Fireplaces Type None
Fireplace No
Laundry Inside
Exterior
Garage Carport
Carport Spaces 2
Pool None
Community Features Curbs
View Y/N No
View None
Parking Type Carport
Total Parking Spaces 4
Private Pool No
Building
Lot Description Item25UnitsAcre
Story 1
Entry Level One
Sewer PublicSewer
Water Public
Level or Stories One
New Construction No
Construction Status UpdatedRemodeled,Turnkey
Others
Senior Community No
Tax ID 6030019023
Energy Description 600.0
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Financing Conventional
Special Listing Condition Standard
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Bought with Shanelle Tolosa • Proper Real Estate
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960