This well-kept side-by-side duplex presents a strong opportunity for an owner-user or investor to acquire a stabilized, updated asset in a convenient Los Angeles location just below Jefferson Blvd. Built in 1925, the property consists of two spacious two-bedroom, one-bath units generating $1,810.33 and $1,740.69 per month, providing stable in-place… Read More income with nearly 50% upside in rents. The interiors have been updated, the property is fully gated, and each unit is separately metered for gas and electricity, with water master metered. The lot benefits from alley access along the north side and rear of the property, improving ingress and egress to the rear parking area, which can accommodate approximately eight vehicles. With its generous parking, gated layout, and potential to add ADUs under SB1211, the property offers multiple paths for future value creation while also qualifying as an attractive owner-user opportunity with available financing options. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., William James 310-259-7556
Listing Snapshot
Days Online
12
Last Updated
Beds
4
Square Ft.
1,408
Lot Size
0.13 Acres
Year Built
1925
MLS Number
26844807
Additional Details
Building
Built in 1925, Living area: 1408.0, 1 building, Building faces West, 1 storey, Levels: One, Entry level: 1, Entry location: Ground Level w/steps, Construction Materials: Stucco
Community
Gated
Cooling
WallWindowUnits
Exterior Features
Patio/Porch Features: None
Fireplaces
None
Heating
WallFurnace
Income
Gross Income: $42,612, Net Operating Income: $25,068
Lot
0.1333 acres, RectangularLot, Yard
Parking
6 open parking spaces, 6 total parking spaces, Uncovered
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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