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$949,500
Est. payment /mo
5 Beds
3 Baths
2,693 SqFt
OPEN HOUSE
Sun Jun 08, 9:00am - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,693 sqft
Price per Sqft $352
MLS Listing ID 25536073
Bedrooms 5
HOA Y/N No
Year Built 1938
Lot Size 0.271 Acres
Property Description
Incredible owner-user duplex opportunity comprised of two detached single-family homes, sitting on a massive 11,800 SF lot. The front house is a VACANT 2-bedroom / 1-bathroom home, and the back house is a tenant-occupied 3-bedroom / 2-bathroom, with a total of 2,693 SF built in 1938. The 2-bedroom front house was renovated this year with recessed lighting in the living room & kitchen, a fresh coat of paint, and a remodeled bathroom with brand new shower tiling & new fixtures. The back structure has also been fully remodeled in recent years with upgraded kitchens, bathrooms and flooring. Each structure has an attached two-car garage and a private yard, and both units are individually metered for gas & electricity. The property has seen several significant capital improvements within the last 12 months, including brand-new windows across both houses, a new roof on the back house, upgraded furnaces in both houses, and new exterior paint on both houses. The property provides investors with very strong in-place rents but also lends itself well to owner-occupiers looking to live in the front house and collect rents from the back house. Offered at a low price of $358/SF, the property has excellent curb appeal, and the large lot of nearly 12K Sq Ft provides the opportunity to add at least 2 attached or detached ADUs (Buyer to verify).
Location
State CA
County Los Angeles
Area Rm - Lynwood
Zoning LYR2YY
Interior
Fireplace No
Exterior
Parking Features Door-Multi, Garage
Total Parking Spaces 4
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6174017011
Special Listing Condition Standard
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Listed by Jake Glaser • Lyon Stahl Investment Real Estate, Inc.