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Key Details
Sold Price $599,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,824 sqft
Price per Sqft $328
MLS Listing ID P1-17454
Sold Date 10/14/24
HOA Y/N No
Year Built 1966
Lot Size 5,201 Sqft
Acres 0.1194
Property Description
Welcome to an exceptional investment opportunity in the vibrant community of Boyle Heights! This two-unit property boasts the perfect blend of comfort, convenience, and potential for savvy investors. Nestled within this sought-after neighborhood, the front house presents a welcoming porch and generous living spaces. With three bedrooms and one bath, it provides ample room for residents to spread out and relax. Entertain effortlessly in the spacious living room and dining area, while the convenient laundry area adds practicality to everyday living. The back unit offers a unique layout spread across two stories. Featuring two bedrooms and 1.5 baths, this unit provides comfort and privacy. The attached one-car garage with laundry hookups ensures convenience, while a separate yard off the kitchen area offers a tranquil retreat. Practicality meets versatility with a long driveway providing tandem parking, catering to the needs of multiple tenants. Currently occupied by long-term tenants, each paying $870 per month for a combined monthly income of $1,740. This property presents significant upside for value enhancement. Whether through minor updates or strategic renovations, there's ample opportunity to maximize returns and elevate its appeal. Seize the opportunity to diversify your investment portfolio and secure a foothold in this dynamic market. With its prime location, untapped potential, this property is primed to become a cornerstone of your investment strategy. Don't miss out on the chance to own a piece of Boyle Heights real estate!
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Rooms
Ensuite Laundry In Garage, Laundry Room
Interior
Laundry Location In Garage,Laundry Room
Heating Wall Furnace
Cooling None
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Laundry In Garage, Laundry Room
Exterior
Garage Door-Single, Driveway, Garage
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Curbs
View Y/N No
View None
Roof Type Composition
Parking Type Door-Single, Driveway, Garage
Total Parking Spaces 3
Private Pool No
Building
Lot Description Sprinklers None
Story 2
Entry Level One,Two
Foundation Raised, Slab
Sewer Unknown
Water Public
Architectural Style Traditional
Level or Stories One, Two
Others
Senior Community No
Tax ID 5178005009
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Third Party Approval
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Bought with Hilda Hernandez • Berkshire Hathaway Home Servic
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Tracy Thrower Conyers
Broker Associate, JD | License ID: 01712960
Broker Associate, JD License ID: 01712960