9022 S Central Avenue, Los Angeles, CA 90002

About this property

Great duplex producing a cap rate of 5.4% OR Live in one unit and rent out the other, all while having 3/4 of your mortgage paid by rent!!! A great opportunity in Los Angeles is an investment that leads to generational wealth. This wonderful Duplex was built 2005 and is still NOT subject to rent control. Each unit comes with 4 bedrooms and 2 bathrooms. The future owner of this property will be instantly positive with cash flow. However if the buyer decides to live in one of the units, the majority of their mortgage payment will be paid off with rent money. To make the deal even better, this property sits across the street from an opportunity zone. If interested in knowing more information contact listing agent. This property comes with free property management services for a quarter of a year.

Listing description from the March 2021 sale, as reported to CRMLS.

Sale history

$749,000

Sold March 2021 · listed $789,000, orig. $810,000, on market October 2020 · MLS #DW20226718 · Source: CRMLS

Listing Agent: Emmanuel Gamboa · Listing Office: Century 21 Allstars · Contact: 562-863-2121 · Bought with: Christopher Combs · Keller Williams Realty Irvine

$495,000

Sold February 2016 · listed $490,000, on market August 2015 · MLS #CV15188878 · Source: CRMLS

Listing Agent: EDWIN WEN · Listing Office: RE/MAX 2000 · Contact: 909-948-2988 · Bought with: RAYMOND PRECIADO · EXCELLENCE RE REAL ESTATE

$390,000

Sold August 2013 · listed $399,000, orig. $425,000, on market February 2013 · MLS #SB13032499 · Source: CRMLS

Listing Agent: Yazmin Hernandez · Listing Office: Re/Max Estate Properties · Contact: 310-378-9889 · Bought with: Yazmin Hernandez · Re/Max Estate Properties

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