SELLER OFFERING $10,000 CREDIT TOWARD BUYER'S RATE BUYDOWN OR CLOSING COSTS!RARE OPPORTUNITY TWO FULLY REMODELED, VACANT HOMES ON ONE LOT! This exceptional East Los Angeles property offers incredible flexibility for owner-users, investors, multi-generational living, or buyers seeking rental income potential. Both residences are delivered VACANT and MOVE-IN READY, allowing… Read More the new owner to occupy one and rent the other, house extended family, or utilize both as income-producing properties. Comparable rentals in the area are approximately $2,500-$3,000 per month per unit (buyer to verify).Located in the unincorporated area of East Los Angeles, EACH HOME features 2 BEDROOMS, 1 BATHROOM, New kitchen, Living room and a private entrance, providing privacy and independence. Both residences have been extensively upgraded, including BRAND-NEW ROOF, REWIRED ELECTRICAL SYSTEM, REINFORCED FOUNDATION, UPDATED PLUMBING, LUXURY VINYL FLOORING, NEW KITCHEN CABINETS & COUNTERTOPS, REMODELED BATHROOMS, RECESSED LIGHTING, and FRESH INTERIOR & EXTERIOR PAINT, plus numerous additional improvements. The property also features a spacious, shaded backyard ideal for entertaining, recreation, or future development potential. Potential ADU opportunity buyer to independently verify with the appropriate agencies. A long driveway provides parking for up to 3 vehicles. Conveniently located near Cesar Chavez Avenue, with easy access to shopping, dining, public transportation, schools, and neighborhood amenities. Centrally positioned near the 5, 10, 60, and 710 freeways, offering convenient access throughout Los Angeles. Two vacant homes. Extensive renovations. Flexible living options. Rental income potential. $10,000 seller credit. Opportunities to purchase two turnkey residences on one lot are rarely available. Don't miss this unique East Los Angeles property! Read Less
Property listed by KRE8 Realty, Arvin Azaradibi 310-912-7515
Listing Snapshot
Days Online
5
Last Updated
Property Type
SingleFamilyResidence
Beds
4
Full Baths
2
Square Ft.
1,392
Lot Size
0.16 Acres
Year Built
1923
MLS Number
26989485
Additional Details
Building
Built in 1923, Living area: 1392.0, Levels: One
Cooling
None
Fireplaces
None
Floors
Vinyl
Heating
None
Laundry
None
Lot
0.1581 acres, Dimensions: 44x150
Parking
3 open parking spaces, Driveway
Pool
None
Property
UpdatedRemodeled, CityLights
Security Features
SmokeDetectors
Taxes
Parcel Number: 5234003005, Zoning: LCR3*
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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