This property offers a fantastic investment opportunity with a total of 7 bedrooms and 4 bathrooms, all in great condition. While it requires basic cosmetic repairs such as fresh paint, landscaping, and fixture updates, the potential is substantial. The front unit features 4 bedrooms and 2 bathrooms,… Read More while the back unit, located above a 2-car garage, includes 3 bedrooms and 2 bathrooms. The property provides 5 parking spaces—3 carports and 2 separate garage spaces. There are two main entrances: one on the right, leading to the back unit, and one on the left, for the front unit. The two units are detached and do not share a wall, offering residents peace and privacy. A shared laundry room is conveniently located upstairs, next to the back unit, and easily accessible for both units. Each unit has the potential to be rented for $3,000 or more, making this property ideal for investors targeting one of Los Angeles' last affordable neighborhoods. This property is perfect for investors, whether you’re looking to make your first real estate investment or expand your portfolio. It’s also ideal for house hacking or implementing the BRRRR (Buy, Renovate, Refinance, Rent) strategy. The property is eligible for FHA financing due to its size. Upon entering, you’ll find a large front yard and a smaller yet spacious back yard. The front unit has two entrances—one at the front and another near the back of the house. There’s also potential to convert one of the carports into an additional bonus room, further increasing the property's value. This property can be delivered vacant, though it is currently tenant-occupied. Agents will assist with tenant relocation, making this an excellent opportunity for investors looking to renovate and revitalize the property. Don’t miss out on this incredible investment opportunity. Read Less
Property listed by Las Casas Realty, Inc., Yefree Montoya 818-808-3966
Listing Snapshot
Days Online
108
Last Updated
Property Type
Duplex
Lot Size
0.15 Acres
Year Built
1950
MLS Number
GD24183696
30 Days Snapshot Of 90002
$600k
0%
(avg) sold price
0
-100%
homes sold
70
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1950, Building area total: 2,838, Levels: Two, 2 stories, 2 buildings, Common walls: NoCommonWalls
Community
StreetLights
Expenses
Electric expense: $600, Fuel expense: $240, Insurance expense: $720, Operating expense: $2,400, Trash expense: $390, Water sewer expense: $450
Garage
2 spaces
Heating
Central
Income
Gross income: $38,760, Net operating income: $36,360
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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