7337 De Soto Avenue, Canoga Park, CA 91303

About this duplex

Opportunity Calls!! Wonderful investment opportunity to own two homes on one lot in the center of the Valley. Front house is a fully remodeled 2 Bed 2 Bath home with over 1030 sq ft of living area. 2nd home is a brand new 2 Bed 2 bath (ADU) with separate new electric meters/panels and gas meters. Both homes feature, new flooring, new AC's, new plumbing, tiled showers, modern vanities, vynil dual pain windows, new shaker style kitchen cabinets with quartz counter tops. The rear dwelling has its own private back yard. All work has been done with permits and both houses have their own separate address. Both homes are vacant at this time. However, seller is in negotiations with several tenants. This property is perfect for either an investor or a buyer that would like to live in one and rent the other for some additional rental income. The estimated average rental income for both properties could be around $4700-$5000 per month. Due to the fact that this property will be considered a duplex, the additional rental income can be used to qualify with FHA or Conventional loans.

Listing description from the December 2018 sale, as reported to CRMLS.

Sale history

$695,000

Sold December 2018 · listed $699,000, on market October 2018 · MLS #SR18251033 · Source: CRMLS

Listing Agent: Rodny Karampour · Listing Office: Heaven On Earth Realty Inc. · Contact: 818-370-1745 · Bought with: Emad Micaeil · Century 21 Peak

$695,000

Sold December 2018 · listed $699,000, on market October 2018 · MLS #SR18251550 · Source: CRMLS

Listing Agent: Rodny Karampour · Listing Office: Heaven On Earth Realty Inc. · Contact: 818-370-1745 · Bought with: Emad Micaeil · Century 21 Peak

$431,000

Sold April 2018 · orig. $419,000, on market July 2017 · MLS #SR17174087 · Source: CRMLS

Listing Agent: Emy Serrano · Listing Office: Pinnacle Estate Properties,Inc · Contact: 818-360-7001 · Bought with: Emy Serrano · Pinnacle Estate Properties,Inc

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