Description

$77,100 in rental income per year/ $6,425 per month. 3/2 bedroom/ bath is getting $3200 rental income while the 2/1 bedroom/ bath unit is occupied by a longterm and fantastic section 8 tenant who pays $3225/ month and this rent will continue as long as they live there and the owner may increase it 3% every year. Tenants are due for a rent increase! The property has a HUGE BACK YARD- 6-8 parkings spots and room for a 2 story ADU to add extra future value (SEE PICS OF THE NEIGBORS ADU NEXT DOOR). Subject property is in a great a FANTASTIC condition, in the most desirable location in this area, and on a great street with many updated and custom made homes. No to mention, great section 8 rental income and tenants and easy to rent the 3 bedroom as well. Seller decided to leave it vacant just in case a buyer want to obtain an FHA loan or wants to live in it themselves, So SUBMIT YOUR OFFER TODAY and make this your dream home!

Property details

Year built

1908

Property type

Residential Income

Lot size

5,269 sqft

Location

834 E 33rd Street • Los Angeles, CA 90011

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Listed by

Mazdak Sarehkhani · Mazdak Sarehkhani

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