909 W 56th Street, Los Angeles, CA 90037
Duplex · 2 recorded sales since 2012
Sold February 2017
Listing Agent: John Chelius (DRE #01936287) · Listing Office: Property Works RE, Inc. · Contact: 310-722-0360 · Bought with: John Chelius · Property Works RE, Inc. · MLS #PW17012236 · Source: CRMLS
About this duplex
Fantastic opportunity for an owner occupant Buyer to move into this FHA ready, 2012 built duplex, or for an investor looking to generate incredible cash flow. Front unit is tenant occupied paying $2,595. Back unit will be delivered vacant at the close of escrow and features 5 enormous bedrooms, including a full master on the top floor, and three bathrooms. Kitchen features quartz stone counter tops, white shaker style cabinetry built out of solid maple. Driftwood custom flooring. Interior laundry room in each unit. Recessed lighting throughout. Fully occupied, property delivers a 6.20% CAP rate. Upside potential in projected rents. NOT subject to rent control due to year built. Property is separately metered for Gas, Electric and Water. Tenants pay ALL utilities. Attached two car garage with alley access in rear plus two additional parking spots in the driveway. This Cape Cod style duplex is an ideal opportunity to participate in the red hot Los Angeles real estate market.
Listing description from the February 2017 sale, as reported to CRMLS.
Sale history
