Rare Duplex Opportunity with Both Units Delivered Vacant. This is a unique chance to choose your own tenants at market rent or move in with extended family. The property features substantial rental income potential and no rent control. Both units will be delivered vacant, which is incredibly rare in Los Angeles due to local rent control laws and just cause evictions. Potential rental income is $7,500 per month at $3,750 per unit. The estimated rent exceeds the mortgage payment by almost $2,000, with 25% down. Boasting an exceptional Gross Rent Multiplier of just 9.7, which is well below the area average of about 16, this deal offers incredible value. Both units are newly remodeled with fresh paint, laminate wood flooring, quartz countertops, and dedicated in-unit washer-and-dryer hookups. Parking is easy with four spaces total, featuring two tandem spots per unit. Enjoy low maintenance overhead thanks to excellent unit separation, limited common areas, separate gas and electric meters, and newer construction built to modern building codes. Prospective buyers are advised to verify all information, including financing terms and the property's non-rent-control RSO status. The property is sold as is. Some photos are virtually staged.
45 days
|
185
|
8
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Zillow last checked:
Listing updated:
Listed by:
Joel Daniel RangelDRE # 01827663310-749-7092,
Coldwell Banker Realty424-280-7400
Source: CLAW,MLS#: 26838969
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Kitchen
Features: Counter Top
Heating
Wall
Cooling
None
Appliances
Included: Gas Cooking Appliances, Gas Cooktop, Range/Oven, Gas Water Heater
Laundry: Laundry Area, In Unit, Inside
Features
Other, Open Floorplan
Flooring: Laminate, Carpet, Wood Laminate
Has fireplace: No
Fireplace features: None
Interior area
Total structure area: 2,340
Total interior livable area: 2,340 sqft
Property
Parking
Total spaces: 4
Parking features: Driveway, Tandem, Side By Side
Uncovered spaces: 4
Features
Levels: Two
Entry location: Living Room
Patio & porch: Porch, Concrete Slab
Pool features: None
Spa features: None
Fencing: Fenced,Fenced Yard
Has view: Yes
View description: City Lights
Waterfront features: None
Lot
Size: 2,748 Square Feet
Features: Back Yard, Curbs, Street Lighting, City Lot, Flats
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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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