Property listed by Signature One Realty Group, Inc, James Min 213-700-9086
$1,190,000
This single-family home offers charm, versatility, and investment potential. Officially a single-family residence, it is divided into three separate units, generating $4,500 in monthly rental income. The main house on the first floor is spacious and well-lit, while the second floor features two private units. Additionally, the detached garage has… Read More been converted into an independent third unit, maximizing rental opportunities. Though the units are unpermitted, the property retains its single-family classification, allowing flexibility for future updates or development. Located in a rapidly growing Los Angeles neighborhood, it provides excellent access to freeways, public transportation, and popular areas like Downtown, Koreatown, and Mid-Wilshire. Surrounded by vibrant cultural and recreational amenities, including The Grove, LACMA, and the upcoming Lucas Museum, the area’s appeal continues to grow alongside rising property values. With steady income and long-term appreciation potential, this home is ideal for investors or homeowners seeking supplemental income. Its flexible layout and location in a thriving area make it a rare and valuable opportunity. Schedule a showing today to explore this promising property! It is perfect for Fixer or Flipping Read Less
Listing Snapshot
Days Online
47
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
3,255
Lot Size
0.17 Acres
Year Built
1912
MLS Number
OC24234604
30 Days Snapshot Of 90016
$865k
-23%
(avg) sold price
3
-78%
homes sold
70
+9%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1912, Levels: Two, Living area: 3255, 2 stories, Common walls: NoCommonWalls
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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