$1,356,000
$1,399,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
5,662 Sqft Lot
SOLD DATE : 06/07/2021
Key Details
Sold Price $1,356,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21723096
Sold Date 06/07/21
HOA Y/N No
Year Built 1937
Lot Size 5,662 Sqft
Property Description
AMAZING investment opportunity in thriving Picfair Village on a beautiful, tree-lined street! Here is your chance to own a charming, 2-Unit DUPLEX with tremendous upside income potential. One unit is VACANT and the other will be by 5/31/21. Both units are 2BR/1BA (est. 943 SF +/- each). Classic details & sunlit spaces highlight this 1930s property which boasts many charming characteristics - original refinished hardwood floors, XL picture windows, coved ceilings, and built-ins. UPDATES include NEW paint, stainless steel appliances, recessed lighting, ceiling fans, newer bathroom fixtures and lights, and newer electric driveway gate. Each unit has their own laundry room which leads directly to the yard with a newer pergola to sit under & enjoy. Long driveway leads down to TWO 2-CAR GARAGES. May be able to create an ADU/Guest Suite adding even more income potential. Buyer to verify with the City. Close to some of LA's best foodie spots, shops & entertainment, freeways, public transportation. If you're looking for a smart investment opportunity and/or would like to live in one unit & rent the other, then this is your perfect chance.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR2
Interior
Interior Features Recessed Lighting
Heating Wall Furnace
Flooring Tile, Wood
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
Laundry Inside, Laundry Room
Exterior
Parking Features Gated, Shared Driveway, Side By Side
Building
Lot Description Front Yard, Landscaped, Yard
Story 2
Entry Level Two
Sewer Other
Architectural Style Traditional
Level or Stories Two
Others
Senior Community No
Tax ID 5069018011
Special Listing Condition Standard
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Bought with Clifford Rowe • Compass
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