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1417 W 57th Street, Los Angeles, CA 90062

Duplex

1417 W 57th Street, Los Angeles, CA 90062 Sold January 2024 CRMLS
$925,000Sold January 2024

Listing Agent: Victoria Hill (DRE #01956954) · Listing Office: Seven Gables Real Estate · Contact: 714-654-1779 · Bought with: Victoria Hill · Seven Gables Real Estate · MLS #OC23101161 · Source: CRMLS

4,940 sqft
Lot Size
2007
Year Built
Duplex
Type
1
Stories
0
Garage
None
Cooling
Central
Heating
Neighborhood
View

About this duplex

Introducing this remarkable income-producing duplex, a promising investment opportunity without the constraints of rent control. This property comprises two separate units, each boasting 3 bedrooms and 1 bathroom, making it an attractive option for both tenants and investors. The interior of each unit has been thoughtfully designed and upgraded to offer modern comforts and style. Dual pane windows grace every room, providing energy efficiency and sound insulation while allowing abundant natural light to fill the living spaces. These windows enhance the overall ambiance and create a pleasant atmosphere for the residents. The kitchens in both units showcase granite countertops and durable wood cabinets. The tile flooring in the kitchens and bathrooms adds a clean and contemporary look, while also providing easy maintenance and longevity. The bedrooms and living room in each unit are carpeted, providing a cozy and comfortable environment. Central heating in both units. This income-producing duplex offers a valuable investment opportunity for those seeking stable rental income or live in one, rent out the other. The absence of rent control allows for flexibility in setting rental rates, providing the potential for increased income and optimal returns on investment.

Listing description from the January 2024 sale, as reported to CRMLS.

Sale history

$925,000
Sold January 2024 · orig. $1,000,000, on market June 2023 · MLS #OC23101161 · Source: CRMLS
Listing Agent: Victoria Hill · Listing Office: Seven Gables Real Estate · Contact: 714-654-1779 · Bought with: Victoria Hill · Seven Gables Real Estate
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