Duplex · 3 recorded sales since 2013
Listing Agent: Jessica Nieto (DRE #01923684) · Listing Office: Brooke Realty · Contact: 949-625-4269 · Bought with: Jessica Kim · Ivy Realty Co. · MLS #OC17195407 · Source: CRMLS
PRICE REDUCTION--- 700K! Tremendous Short Term OR Long Term Investment Opportunity! You will Love this Duplex in MID CITY LA! The Property needs structural improvements and is price accordingly, Check out the comparable sales and development in the Area! Tons of opportunity and upside potential! Purchase for immediate cash flow or Value-Add! Two Side by Side 2 story Units on a HUGE Lot with a Backyard, multiple entrances to each unit making it convenient to enter/exit to parking, deck, or backyard. Unit Mix consists of (1) 4 Bedroom / 2 Bathroom 1,560 Sq Ft and (1) 3 Bedroom / 2 Bathroom 1,352 Sq Ft !! Both Units have been remodeled in last few years including updated kitchen/baths. Laundry Hook-Ups for each unit in the downstairs basement. The 3 bedroom is on Month to Month Agreement at $2,513/mo and the 4 bedroom is VACANT!!! Subject to the Rent Control Ordinance. Amazing Equity Opportunity!!! This Investment Property Will Not Last, If you are looking for a Fantastic ROI, look no further- Don’t Hesitate! Structural Report in the supplement section.
Listing description from the September 2017 sale, as reported to CRMLS.