UPDATED:
11/19/2024 04:30 AM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID BB24216740
Construction Status Turnkey
HOA Y/N No
Year Built 1923
Lot Size 6,782 Sqft
Property Description
The duplex benefits from long-term tenants who consistently pay rent on time, ensuring steady cash flow for investors from day one and lots of upside potential. The long driveway leads to a detached garage, providing plenty of parking and storage space. The property's strategic location near the rapidly developing Crenshaw Corridor, the new Crenshaw/LAX Metro Line, and popular destinations like SoFi Stadium, Culver City, and Downtown LA makes it an ideal choice for investors seeking a buy-and-hold opportunity with significant upside.
Hyde Park's ongoing revitalization, combined with infrastructure improvements in South Los Angeles, creates strong rental demand and a promising outlook for future appreciation. This neighborhood offers a unique mix of classic LA charm and modern amenities, attracting a diverse tenant base. Don’t miss out on this prime investment opportunity to expand your portfolio with a property poised for growth and long-term value. Buyers to due their own due diligence, seller does not promise or make any claims on subjects data.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR2
Interior
Interior Features All Bedrooms Down
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence Block
Pool None
Community Features Sidewalks, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Spanish Tile
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Front Yard, Street Level
Faces West
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Spanish
Level or Stories One
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 5014019012
Acceptable Financing Cash, Cash to New Loan, Conventional, Submit
Listing Terms Cash, Cash to New Loan, Conventional, Submit
Special Listing Condition Real Estate Owned
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