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$1,280,000
Est. payment /mo
9 Beds
5,600 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25102233
Bedrooms 9
Lot Size 5,600 Sqft
Property Sub-Type Res Income 2-4 Units
Type of Financing Cal Vet,Cash,Conventional,Exchange
Property Type Res Income 2-4 Units
Property Description
NO RENT CONTROL! Excellent Investment Opportunity Best Current Rate of Return in the Area! This rare, legal duplex includes a fully permitted ADU, offering a unique opportunity for investors to achieve above-average returns or for owner-occupants to live in one unit while the other two help pay the mortgage. The detached duplex units (944 and 946) were built in 1998, and the ADU was constructed in 2023. All three units are currently tenant-occupied. Each duplex unit features 3 bedrooms and 2 bathrooms. The ADU offers 3 bedrooms and 1 bathroom. The ADU is rented for $3,000 per month. The ADU was built in 2023, has its own postal address and is in good condition. Unit 946 is also in good condition, while Unit 944 could benefit from some cosmetic improvements. Covered parking is available beneath the ADU. Each unit has its own laundry hookups, as well as separate gas and electric meters. This property is conveniently located near Downtown LA, USC, L.A. Live, museums, Crypto.com Arena, the convention center, LAX, SoFi Stadium, and the YouTube Theater.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Between S Vermont Ave & W 74th St Cross Streets: Hoover St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 6020005008
Acceptable Financing Cal Vet, Cash, Conventional, Exchange
Listing Terms Cal Vet, Cash, Conventional, Exchange
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Listed by Ellie Sonboli Elmira Sonboli, Broker
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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