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Key Details
Sold Price $785,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD24183696
Sold Date 04/23/25
Bedrooms 7
HOA Y/N No
Lot Size 6,652 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
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, while the back unit, located above a 2-car garage, includes 3 bedrooms and 2 bathrooms. The property provides 5 parking spaces3 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 youre looking to make your first real estate investment or expand your portfolio. Its 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, youll find a large front yard and a smaller yet spacious back yard. The front unit has two entrancesone at the front and another near the back of the house. Theres 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 curre
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, while the back unit, located above a 2-car garage, includes 3 bedrooms and 2 bathrooms. The property provides 5 parking spaces3 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 youre looking to make your first real estate investment or expand your portfolio. Its 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, youll find a large front yard and a smaller yet spacious back yard. The front unit has two entrancesone at the front and another near the back of the house. Theres 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. Dont miss out on this incredible investment opportunity.
Location
State CA
County Los Angeles
Area Los Angeles (90002)
Zoning Public Rec
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Monthly Total Fees $75
Acceptable Financing Conventional, FHA
Space Rent $1,680
Listing Terms Conventional, FHA
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscal.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Ivette Bertin • Realty Executives United