Duplex
Listing Agent: Spencer Pabst (DRE #01849377) · Listing Office: Pabst, Kinney & Associates · Contact: 562-987-3244 · Bought with: Leslie Teater · eXp Realty of Greater Los Angeles, Inc. · MLS #PW23093924 · Source: CRMLS
Price Reduced $52,000!Charming Spanish Style Duplex in Wrigley Neighborhood. The property features two identical spacious 2bd/1bth units, over 1,000 SF each, on a large 6,260 SF lot with large shared backyard, and double car garage divided into 2 single cars with storage. The units feature beautiful hardwood floors, large living room, formal dining room, spacious bathroom and large bedrooms. Tenants pay most of their own utilities - electricity, gas and trash, Owner pays for the water. Lots of upside potential as rents are below market, and there is the opportunity to convert the garages to an ADU unit, potentially further increasing the rental income and property value. Both tenants eligible for max rent increase allowable under AB1482 9/1/2023. This is an amazing investment opportunity for any investor or owner occupant buyer.
Listing description from the August 2023 sale, as reported to CRMLS.