$763,500
$699,000
9.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
690 SqFt
SOLD DATE : 08/01/2024
Key Details
Sold Price $763,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 690 sqft
Price per Sqft $1,106
MLS Listing ID P1-18248
Sold Date 08/01/24
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1926
Lot Size 4,861 Sqft
Property Description
A wonderful opportunity awaits in one of the highly sought after neighborhoods in the vibrant Northeast LA! The property features a recently remodeled 1 bedroom, 1 bath home, plus a lower level that already started and mostly completed finishings for a JRADU unit, there are must a few items needed to wrap up permitting for this unit. In addition, there is also RTI plans approved by the city included and ready for you to build a detached ADU unit. This property offers tremendous potential for an owner-user with tons of potential for market rents to help subsidize your mortgage or makes for an ideal rental investment for the investor looking to capture tremendous equity build up with the value-add of 2 additional units and excellent performing cap rate with 3 units at market rent. Conveniently located within minutes to DTLA, USC medical Ctr, Pasadena, Glendale, and minutes from the trendy Fig & York corridor in Northeast LA!
Location
State CA
County Los Angeles
Area 621 - El Sereno
Interior
Heating Ductless
Cooling Ductless
Flooring See Remarks
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range, Microwave, Refrigerator
Laundry Washer Hookup
Exterior
Garage Detached Carport, Driveway
Carport Spaces 2
Fence See Remarks
Pool None
Community Features Curbs, Street Lights
View Y/N No
View None
Porch Concrete, Porch
Parking Type Detached Carport, Driveway
Total Parking Spaces 2
Private Pool No
Building
Lot Description Sprinklers None
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Others
Senior Community No
Tax ID 5218010036
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Other
Special Listing Condition Standard
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Bought with Daniel Portillo • eXp Realty of California, Inc.
Real Estate Agent & Loan Officer | License ID: 02076931
+1(949) 226-1789 | realestateaminzarif@gmail.com