Property listed by New Star Realty, Amber Seo Campos 213-385-4989
$850,000
Vintage Duplex in the Heart of Pico/Mid-WilshireLocated on a beautiful, well-maintained residential street in the highly desirable Pico/Mid-Wilshire area, this charming vintage duplex offers timeless character, immediate rental income, and exciting future potential. Both units are tenant-occupied, providing a combined monthly rental income of $4,562. The spacious two-bedroom, one-bath unit… Read More currently rents for $2,892 per month, while the one-bedroom, one-bath unit rents for $1,670 per month. Tenants are responsible for their own electricity, gas, and water expenses. Situated on an approximately 5,600-square-foot lot, the property features approximately 1,688 square feet of living space. Two separate parcel numbers may provide additional flexibility and potential for future expansion or redevelopment, subject to applicable zoning regulations, permits, and governmental approvals. Buyers are encouraged to independently verify all development possibilities. Conveniently located near USC, Exposition Park, Downtown Los Angeles, shopping, dining, public transportation, and major employment centers, with easy access to the 10 Freeway. This is an excellent opportunity for investors seeking steady rental income, long-term appreciation, and value-add potential in a centrally located Los Angeles neighborhood. Read Less
Listing Snapshot
Days Online
36
Last Updated
Beds
3
3/4 Baths
2
Square Ft.
1,688
Lot Size
0.13 Acres
Year Built
1912
MLS Number
26739509
Additional Details
Appliances & Equipment
VentedExhaustFan, Dryer, Washer
Building
Built in 1912, Living area: 1688.0, 1 building, Levels: One
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross Income: $54,744, Net Operating Income: $42,824
Lot
0.1286 acres
Parking
DoorMulti, Driveway, Garage, OneSpace
Taxes
Parcel Number: 5058022002, Zoning: LARD1.5
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
