Property listed by Forward Real Estate, James Ward 424-356-5222
$790,000
Unlock the potential of smart living and investing with this rare duplex opportunity in the heart of Los Angeles. Perfectly positioned for owner-occupants, investors, or multi-generational households, this tastefully remodeled property offers the comfortability and flexibility to live in one unit while generating income from the other - or simply… Read More enjoy the rewards of a fully income-producing asset. Each of the two spacious units features large living and dining rooms, updated kitchens and bathrooms for modern convenience, charming character details, and ample natural light. A gated back lot with parking for multiple vehicles adds convenience while the private outdoor space is perfect for relaxing, entertaining, or cultivating a garden oasis. Nestled on a quiet residential street in the Chesterfield Square/Hyde Park-adjacent area, you'll love being just minutes from USC, Downtown LA, SoFi Stadium, and their vibrant local parks, dining and shopping scene. With quick access to the 10 and 110 freeways, commuting around the city is a breeze. This centrally located duplex offers strong rental demand, incredible value and long-term upside in one of LA's fast-growing neighborhoods. Whether you're looking to house hack, expand your investment portfolio, or find a versatile space to call home this property checks all the boxes. The owner wanted to make sure to update the tenants unit as well making sure to add value. Plus there is room for an ADU! Read Less
Listing Snapshot
Days Online
35
Last Updated
Property Type
Other
Beds
4
Square Ft.
1,860
Lot Size
0.14 Acres
Year Built
1923
MLS Number
25599827
30 Days Snapshot Of 90062
$730k
-13%
(avg) sold price
5
0%
homes sold
95
+25%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Microwave, VentedExhaustFan
Building
Built in 1923, Building area total: 1,860, Levels: One, Living area: 1860, 1 story, 1 building, Architectural style: Spanish, Attached, Common walls: OneCommonWall, Construction materials: Stucco
Cooling
None
Expenses
Gardener expense: $135, Maintenance expense: $100, Water sewer expense: $153
Fireplaces
None
Floors
Carpet
Heating
WallFurnace
Income
Gross income: $52,188, Net operating income: $46,758
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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