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Key Details
Sold Price $820,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24174374
Sold Date 12/23/24
HOA Y/N No
Year Built 1923
Lot Size 6,033 Sqft
Property Description
Charming single-level duplex, situated on a quiet palm tree-lined street in the heart of Los Angeles. One unit is vacant and the other unit is occupied collecting $2,500 per month in rent. This property is turnkey and ready for investors to collect top rents or for owner-occupants desiring additional rental income. Both units have been completely remodeled, including all new PEX piping throughout, brand new roof, 2 tankless water heaters, and stainless appliances that are all included with the sale. Huge grassy backyard gives a single-family home feel. These bright and airy units are the exact same floorplan, each offering 2 bedrooms and 2 bathrooms, and each have a designated detached garage space and additional uncovered parking. The garage, accessible via the alley on W 52nd St., has been upgraded with new plywood and electrical work. Recent renovations include new drywall, insulation, flooring, stylish kitchens with stainless steel appliances, double-pane windows, updated electrical systems, remodeled bathrooms, wall heaters, tankless water heaters, plumbing, and a new roof. Each unit also comes equipped with included washer/dryer, a pantry, and extra storage spaces. Close to SoFi stadium, USC, and museums. Investors don't miss this fantastic opportunity.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR1
Interior
Fireplace No
Laundry Inside, Stacked
Exterior
Parking Features Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5005021020
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Martin Pacheco • Real Broker