Price Adjustment Alert! Seize This Unmatched Investment Opportunity!Take advantage of this incredible deal on a highly sought-after multifamily investment property in vibrant East Los Angeles, now available at an attractive new price!Perfect for investors and visionaries, this property features two units brimming with potential: The front unit offers 3 generous… Read More bedrooms, 1 bathroom, and 1,459 sqft of living space, complemented by a spacious attached storage room--ideal for maximizing functionality. The back unit built in 1962, features 2 bedrooms and 1 bathroom, spreading across 1,569 sqft, designed to accommodate various living arrangements effortlessly.Prime Potential for Growth: With favorable zoning, this property stands out with the opportunity to add up to 2 Additional Dwelling Units (ADUs) enhancing rental income and property value. Whether you aim to maximize returns or prefer the flexibility of living in one unit while generating income from the other, the options are endless.Strategically located for ultimate convenience, the property offers seamless access to key freeways (10, 5, 710, and 60), making commuting a breeze for future tenants. This recent price adjustment creates a can't-miss opportunity to unlock the full potential of this gem, whether you choose to renovate, rent, or create a perfect multi-generational living space.Don't miss this golden chance to invest in one of East LA's most promising areas! Schedule your private viewing today and start envisioning your next lucrative project Read Less
Property listed by Berkshire Hathaway Home Servic, Sonia Navarrete 626-440-5100
Listing Snapshot
Days Online
250
Last Updated
Property Type
Duplex
Lot Size
0.17 Acres
Year Built
1922
MLS Number
P1-17485
30 Days Snapshot Of 90063
$619k
-8%
(avg) sold price
6
-14%
homes sold
80
-31%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1922, Building area total: 1,880, 2 buildings, Common walls: NoCommonWalls
Community
StormDrains, Sidewalks
Cooling
None
Expenses
Electric expense: $720, Fuel expense: $300, Insurance expense: $1,200, Water sewer expense: $840
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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