This well-kept side-by-side duplex presents a strong opportunity for an owner-user or investor to acquire a stabilized, updated asset in a convenient Los Angeles location just below Jefferson Blvd. Built in 1925, the property consists of two spacious two-bedroom, one-bath units generating $1,810.33 and $1,740.69 per month, providing stable in-place income with nearly 50% upside in rents. The interiors have been updated, the property is fully gated, and each unit is separately metered for gas and electricity, with water master metered. The lot benefits from alley access along the north side and rear of the property, improving ingress and egress to the rear parking area, which can accommodate approximately eight vehicles. With its generous parking, gated layout, and potential to add ADUs under SB1211, the property offers multiple paths for future value creation while also qualifying as an attractive owner-user opportunity with available financing options.
41 days
|
445
|
20
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Zillow last checked:
Listing updated:
Listed by:
William JamesDRE # 01734419310-600-9858,
Lyon Stahl Investment Real Estate, Inc.310-425-9838,
Peter JamesDRE # 01748556310-467-7581,
Lyon Stahl Investment Real Estate, Inc.
Source: CLAW,MLS#: 26844807
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Heating
Wall
Cooling
Wall/Window Unit(s)
Appliances
Included: Gas Water Heater
Laundry: In Unit
Features
Has fireplace: No
Fireplace features: None
Interior area
Total structure area: 1,408
Total interior livable area: 1,408 sqft
Property
Parking
Total spaces: 6
Parking features: Open
Uncovered spaces: 6
Features
Levels: One
Stories: 1
Entry location: Ground Level w/steps
Patio & porch: None
Pool features: None
Spa features: None
Fencing: Fenced
Has view: Yes
View description: City
Waterfront features: None
Lot
Size: 5,806 Square Feet
Features: Single Lot, Yard, Lot-Level/Flat, Rectangular Lot, City Lot
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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