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$ 899,999
Est. payment | /mo
2 Beds
1,058 SqFt
$ 899,999
Est. payment | /mo
2 Beds
1,058 SqFt
Key Details
Property Type Other Types
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,058 sqft
Price per Sqft $850
MLS Listing ID CL24456443
Bedrooms 2
HOA Y/N No
Year Built 1936
Lot Size 4,179 Sqft
Acres 0.1
Property Description
This income producing duplex in Echo Park consists of two detached units and presents a fantastic investment opportunity. It features a tenant-occupied front unit which provides immediate cash flow and a vacant back unit that is a blank canvas. The back unit has been taken down to the studs and is ready for your vision. The front unit offers reliable income with its one bedroom and one bathroom layout, while the back unit allows for significant renovation potential, ideal for savvy investors or flippers looking to maximize their return. The front unit has the same layout as the back unit, but the front unit is complete with reliable tenants. This property could become a positive cash flowing property once the back unit has been repaired and both units have tenants are market value. With separate entrances for privacy and a gated entry, this property is a prime opportunity to enhance your real estate portfolio. It is also located in a desirable neighborhood with strong rental demand. Don't miss out on the opportunity to secure this value-add property in the heart of one of the most up and coming neighborhoods of Los Angeles.
Location
State CA
County Los Angeles
Area Listing
Zoning LACW
Interior
Heating Wall Furnace
Fireplace No
Exterior
Exterior Feature Back Yard
Total Parking Spaces 4
Building
Lot Description Other, Back Yard
New Construction No
Others
Tax ID 5160020038
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Adam Armienta • Douglas Elliman
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