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$650,000
Est. payment /mo
2 Beds
2 Baths
1,550 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,550 sqft
Price per Sqft $419
MLS Listing ID 26836251
Bedrooms 2
HOA Y/N No
Year Built 1924
Lot Size 5,262 Sqft
Property Description
Exceptional Investment Opportunity in South Los Angeles This well-maintained duplex in South Los Angeles presents an outstanding opportunity for investors seeking immediate cash flow and long-term appreciation potential. Featuring two spacious units, offering 2 bedrooms, 2 bathrooms, plus a versatile bonus room, this income-producing property is ideally positioned in a high-demand rental market. Both units are currently tenant-occupied, providing stable income from day one. Property features include tankless water heaters and convenient in-unit laundry hookups, enhancing tenant appeal and minimizing future maintenance concerns. Ideally located near major freeways, public transportation, shopping, dining, and everyday amenities, offers accessibility for tenants and strong long-term investment fundamentals. Ideally located near major freeways, public transportation, shopping, dining, and everyday amenities, offers accessibility for tenants and strong long-term investment fundamentals. Investors will appreciate the additional value-add opportunity to convert the oversized garage into an ADU (Accessory Dwelling Unit), with site plans already available from the owner. This potential expansion creates an opportunity increased rental income and enhanced property value. Whether you are looking to add a reliable cash-flowing asset to your portfolio or capitalize on the property's upside potential through strategic improvements, this duplex offers the flexibility, location, and income opportunity that savvy investors seek. Don't miss this exceptional investment opportunity. THIS IS A MUST SEE!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR2
Interior
Heating Wall Furnace
Cooling None
Flooring Carpet
Fireplace No
Appliance Gas Range, Oven
Laundry Stacked
Exterior
Parking Features Door-Multi, Driveway, Garage
Garage Spaces 2.0
Garage Description 2.0
View Y/N No
View None
Total Parking Spaces 4
Building
Faces North
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6003020018
Special Listing Condition Standard
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Listed by Ted Gresham Transcend Real Estate Services #01325757
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