8714 Orchard Avenue, Los Angeles, CA 90044

About this duplex

This is a spectacular Duplex residential income property. the main unit has been built in 2016 with laminate flooring, court countertops on kitchens and bathrooms. Newly painted. central air. new concrete slab through out all driveway. the front unit originally was built back in 1920 and has been completely renovated in 2016. great income property with high cap rate. no rent control. section 8 housing. Separate water meters, electric and gas. This is a must see property for both investors looking for high cap rate income house and family who wants to live and have income property. $45,780 NET INCOME !!. well over 6% Cap rate property.

Listing description from the July 2019 sale, as reported to CRMLS.

Sale history

$715,000

Sold July 2019 · listed $699,000, on market May 2019 · MLS #OC19107845 · Source: CRMLS

Listing Agent: Amir Mafakher · Listing Office: Keller Williams Coastal Proper · Contact: 562-961-1400 · Bought with: EDWIN WEN · RE/MAX 2000

$715,000

Sold July 2019 · listed $699,000, on market May 2019 · MLS #OC19104952 · Source: CRMLS

Listing Agent: Amir Mafakher · Listing Office: Keller Williams Coastal Proper · Contact: 562-961-1400 · Bought with: EDWIN WEN · RE/MAX 2000

$210,000

Sold January 2014 · listed $125,000, on market July 2013 · MLS #SR13150542 · Source: CRMLS

Listing Agent: Larry Weiner · Listing Office: Flans & Weiner, Inc. · Contact: 818-501-4888 · Bought with: Bert Scales · United Realtors

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