Welcome to a rare opportunity in the highly coveted Windsor Village / Hancock Park neighborhood -an area celebrated for its timeless character, tree-lined streets, and enduring property values. This charming Spanish-style duplex seamlessly blends classic architecture with modern updates, offering exceptional appeal for both owner-users and savvy investors. The property… Read More features two side-by-side units, each thoughtfully updated with modern kitchens, bathrooms, flooring, and newer windows. While each unit is officially a 1-bedroom, 1-bathroom, both offer additional versatile bonus rooms and an extra bathroom, creating a flexible and highly desirable living layout that enhances both comfort and rental appeal. A standout feature of this offering is that one unit will be delivered VACANT at closing, providing an immediate move-in opportunity for an owner-user, while the second unit generates income - an increasingly rare find in today's Los Angeles market. This dual-purpose flexibility significantly enhances both lifestyle and financial value. For investors, the property presents compelling upside potential, as the existing tenant is currently paying below-market rent, allowing for future income growth and long-term appreciation. Additionally, the detached storage structure offers potential for ADU conversion (buyer to verify), creating even greater value-add possibilities. Situated on a beautiful residential street, the property includes private gated entries, a long driveway with ample parking, and usable outdoor spaces that add to its livability and tenant appeal. Its prime central location places you moments from parks, dining, and some of Los Angeles' most desirable destinations. Opportunities like this combining location, flexibility, and upside are increasingly limited. Whether you are looking to secure a home in a premier neighborhood or expand your investment portfolio, this property delivers on all fronts. Property is being sold in its present "AS-IS" condition. Buyer to verify all information, including permits, square footage, and zoning Read Less
Property listed by Dream Realty & Investments Inc, Sung Cho 310-259-7556
Listing Snapshot
Days Online
1
Last Updated
Beds
4
Square Ft.
1,876
Lot Size
0.14 Acres
Year Built
1922
MLS Number
26665695
Additional Details
Building
Built in 1922, Living area: 1876.0, 1 building, 1 storey, Levels: One
Cooling
None
Heating
None
Income
Gross Income: $72,000, Net Operating Income: $48,625
Lot
0.138 acres
Parking
2 open parking spaces, 3 total parking spaces, Driveway, SharedDriveway
Taxes
Parcel Number: 5090023007, Zoning: LAR2
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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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