Fantastic Investment Opportunity in East Los Angeles This duplex, hitting the market for the first time in many years, is a prime opportunity for investors seeking rental income. Located in a desirable East LA neighborhood, close to public transportation, shopping, dining, and major freeways (710, 60, and… Read More 10), commuting is a breeze. The front unit features 2 bedrooms and 1 full bathroom with its own private front yard. The rear unit also includes 2 bedrooms and 1 full bath with a private area for relaxation. Both units sit on a spacious, fully fenced lot with a block wall and a secure driveway gate. The long driveway provides parking for up to 4 or more vehicles and leads to a carport. Situated near the Metro Gold Line, East Los Angeles Civic Center, ELAC, and just minutes from CSULA, DTLA, and Little Tokyo, this property is in a high-demand rental area. Currently tenant-occupied month-to-month, this property is ready for the savvy investor looking to maximize rental returns. The seller is motivated, so don’t miss out on this valuable duplex investment property in the heart of East Los Angeles. This one won’t last long—see you in escrow! Read Less
Property listed by Circle Real Estate, Ricardo Ceballos Jr. 562-760-2469
Listing Snapshot
Days Online
82
Last Updated
Property Type
Duplex
Lot Size
0.11 Acres
Year Built
1955
MLS Number
DW24203064
30 Days Snapshot Of 90022
$560k
-17%
(avg) sold price
2
-81%
homes sold
57
-14%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1955, Building area total: 1,388, Levels: One, 1 story, 2 buildings, Common walls: NoCommonWalls
Community
Urban
Cooling
None
Fireplaces
None
Heating
WallFurnace
Income
Gross income: $25,200, Net operating income: $25,200
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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