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$875,000
Est. payment /mo
5,270 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25241079
HOA Y/N No
Year Built 1908
Lot Size 5,270 Sqft
Property Sub-Type Duplex
Property Description
$85,452 income per year/ $7121 per month fully occupied (Pro form is $3986 for the 3 bedroom)!!! Live in the VACANT 3 bedroom 2 bath unit or rent both out and enjoy a positive cash flow from day one on FULLY REMODELED units and a great high end paying great SECTION 8 TENANTS!!!!
3/2 bedroom is VACANT while the 2 bedroom 1 bath unit is occupied by a longterm and fantastic section 8 tenant who pays $3225/ month and this rent will continue as long as they live there and the owner may increase it 3% every year. Tenants are due for a rent increase!
The property has a HUGE BACK YARD- 6-8 parkings spots and room for a 2 story ADU to add extra future value (SEE PICS OF THE NEIGBORS ADU NEXT DOOR).
Subject property is in a great a FANTASTIC condition, in the most desirable location in this area, and on a great street with many updated and custom made homes. No to mention, great section 8 rental income and tenants and easy to rent the 3 bedroom as well. Seller decided to leave it vacant just in case a buyer want to obtain an FHA loan or wants to live in it themselves,
So SUBMIT YOUR OFFER TODAY and make this your dream home!
3/2 bedroom is VACANT while the 2 bedroom 1 bath unit is occupied by a longterm and fantastic section 8 tenant who pays $3225/ month and this rent will continue as long as they live there and the owner may increase it 3% every year. Tenants are due for a rent increase!
The property has a HUGE BACK YARD- 6-8 parkings spots and room for a 2 story ADU to add extra future value (SEE PICS OF THE NEIGBORS ADU NEXT DOOR).
Subject property is in a great a FANTASTIC condition, in the most desirable location in this area, and on a great street with many updated and custom made homes. No to mention, great section 8 rental income and tenants and easy to rent the 3 bedroom as well. Seller decided to leave it vacant just in case a buyer want to obtain an FHA loan or wants to live in it themselves,
So SUBMIT YOUR OFFER TODAY and make this your dream home!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LARD2
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Rural, Sidewalks
Total Parking Spaces 2
Private Pool No
Building
Lot Description Front Yard, Garden
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5120028009
Acceptable Financing Cash, Conventional, FHA, Submit
Listing Terms Cash, Conventional, FHA, Submit
Special Listing Condition Standard
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Listed by Mazdak Sarehkhani Mazdak Sarehkhani 818-601-8215
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