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$1,100,000
Est. payment /mo
10 Beds
6 Baths
3,566 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,566 sqft
Price per Sqft $308
MLS Listing ID 26873175
Bedrooms 10
HOA Y/N No
Year Built 2020
Lot Size 5,205 Sqft
Property Description
GET SMART WITH REAL ESTATE and discover a newer Los Angeles duplex with multiple paths to income and long-term value! Built in 2020, this 2-unit property gives an investor the opportunity to reposition the property and create a rental strategy tailored to today's housing demand. Projected rents of approximately $4,200 per unit offer potential scheduled gross income of $100,800 annually. Explore traditional long-term rentals, Housing Choice Voucher/Section 8 opportunities, transitional housing, recovery/sober living, shared housing or partnerships with qualified housing providers, subject to applicable laws, zoning, licensing and program requirements. The newer construction and multifamily configuration provide an attractive foundation for an investor looking to build cash flow without starting with an older housing product. Once possession is recovered, a buyer can evaluate improvements, establish new rental operations and select the tenant or housing strategy that best fits their investment goals. Conveniently positioned in South Los Angeles with access to major streets, public transportation, neighborhood shopping, services and employment centers, the location offers connectivity throughout the city. Investors can evaluate multiple strategies, from conventional rentals and housing programs to repositioning for long-term appreciation. Projected rents are not current income. Buyer and buyer's agent to independently verify rents, permitted uses, zoning, licensing, property characteristics and suitability for buyer's intended investment strategy. Smart investors don't just buy property they recognize possibilities. GET SMART WITH REAL ESTATE. Call Don Adams today to schedule an appointment and explore the opportunity
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR2
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Parking Features Door-Multi, Garage
Total Parking Spaces 3
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5015015006
Special Listing Condition Standard
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Listed by Donny Adams Keller Williams Hollywood Hills #02178733
NEARBY SCHOOL & BUSINESS
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