TREMENDOUS UPSIDE! This well-maintained duplex presents a rare opportunity for significant rental growth in the rapidly evolving Boyle Heights market. Each spacious unit offers approximately 1,715 sq ft, featuring 5 bedrooms and 2 bathrooms an uncommon and highly desirable layout ideal for maximizing rental income and attracting long-term tenants.Tenants pay… Read More all utilities, resulting in minimal landlord expenses limited to property taxes and insurance, with no ongoing operating costs or maintenance concerns making this an efficient, income-producing investment.Situated in a quiet residential neighborhood, the property offers a unique balance of suburban tranquility and proximity to ongoing urban development and appreciation.BONUS OPPORTUNITY: The adjacent property at 649 N Cummings is also available for purchase, presenting a rare chance for investors to acquire a multi-property portfolio in a prime location. Additional details available upon request. Read Less
Property listed by Keller Williams Larchmont, Alexis Kim 310-259-7556
Listing Snapshot
Days Online
49
Last Updated
Beds
10
Square Ft.
3,430
Lot Size
0.12 Acres
Year Built
1931
MLS Number
26803931
Additional Details
Appliances & Equipment
Disposal
Building
Built in 1931, Living area: 3430.0, 1 building, Levels: Two
Cooling
WallWindowUnits
Disclosures
RentControl, SellerDisclosure
Heating
ForcedAir
Income
Gross Income: $62,141, Net Operating Income: $46,497.6
Lot
0.1233 acres
Parking
Concrete
Taxes
Parcel Number: 5175031009, Zoning: LAR2
Tenant Pays
Electricity, Gas, GroundsCare, TrashCollection, Water
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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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