WELCOME TO HIGHLAND PARK — AN INCREDIBLE OPPORTUNITY TO OWN TWO HOMES ON ONE LOT IN ONE OF LOS ANGELES’ HOTTEST NEIGHBORHOODS.
THIS UNIQUE PROPERTY FEATURES TWO CHARMING CRAFTSMAN-STYLE HOMES, EACH WITH 2 BEDROOMS AND 1 BATHROOM, TOTALING 1,386 SQ FT (693 SQ FT EACH). BOTH HOMES FEATURE HIGH CEILINGS AND… Read More CLASSIC CHARACTER THROUGHOUT UNITS 116 - 120.
IDEALLY LOCATED JUST OFF FIGUEROA STREET, YOU’LL BE IN THE HEART OF HIGHLAND PARK’S VIBRANT DINING, SHOPPING, CAFÉ, AND NIGHTLIFE SCENE. CONVENIENTLY SITUATED JUST ONE BLOCK FROM THE METRO GOLD LINE, THIS LOCATION OFFERS EASY ACCESS TO DOWNTOWN LOS ANGELES AND SURROUNDING NEIGHBORHOODS.
BOTH UNITS ARE CURRENTLY TENANT-OCCUPIED, MAKING THIS AN EXCELLENT INCOME-PRODUCING PROPERTY WITH STRONG RENTAL DEMAND. LIVE IN ONE AND RENT OUT THE OTHER, OR CONTINUE OPERATING BOTH AS INVESTMENT RENTALS.
HIGHLAND PARK CONTINUES TO EXPERIENCE SIGNIFICANT GROWTH AND REVITALIZATION, DRIVEN BY ITS PRIME LOCATION NEAR DOWNTOWN LA AND NEIGHBORING COMMUNITIES. RECOGNIZED BY REDFIN AS ONE OF THE TOP UP-AND-COMING NEIGHBORHOODS IN THE U.S., THIS IS AN OUTSTANDING OPPORTUNITY FOR BOTH INVESTORS AND OWNER-USERS ALIKE.
PROPERTIES ARE IN AVERAGE CONDITION. STREET PARKING ONLY. Read Less
Property listed by Compass, Nicola Speranta 310-259-7556
Listing Snapshot
Days Online
26
Last Updated
Property Type
Duplex
Lot Size
0.07 Acres
Year Built
1907
MLS Number
AR26109884
Additional Details
Property Access
Frontage Type: CityStreet
Appliances & Equipment
ElectricRange
Building
Built in 1907, 2 buildings, Building faces East, 1 storey, Entry level: 1, Entry location: FRONT, Construction Materials: WoodSiding
Community
Urban
Cooling
WallWindowUnits
Expenses
Insurance: $1,000, Operating: $833.33
Fence
AverageCondition
Fireplaces
None
Floors
Carpet, Tile, Vinyl
Foundation
Raised
Heating
WallFurnace
Income
Gross Income: $3,340, Gross ScheduledIncome: $3,340, Net Operating Income: $2,506
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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