Duplex
Listing Agent: Stephen Lampe (DRE #01164364) · Listing Office: Re/Max Commercial & Investment · Contact: slampe@remaxcir.com · Bought with: Stephen Lampe · Re/Max Commercial & Investment · MLS #SB23166690 · Source: CRMLS
The subject property is a charming 1920’s Duplex in the Beverly Grove area north of Wilshire Boulevard on a large lot zoned R-1 on a tree lined street just east of San Vicente Boulevard. The location is ideal as it is walking distance to major employers such as Cedars-Sanai Hospital, The Beverly Center shopping mall, and many shops & restaurants. The property has two 2 bedroom 1 bath units that are side by side, and a garage in back with an adjacent sunroom/office which has been added on (agent and seller believe this was done without permits but buyer to verify). The rents on both units are significantly below market which presents a buyer an investment opportunity with potentially higher income in the future as units turnover or by adding an ADU (seller and agent make no representations or warranties, buyer to verify).
Listing description from the October 2023 sale, as reported to CRMLS.