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$ 850,000
Est. payment | /mo
3 Beds
2 Baths
1,688 SqFt
$ 850,000
Est. payment | /mo
3 Beds
2 Baths
1,688 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,688 sqft
Price per Sqft $503
MLS Listing ID 26739509
Bedrooms 3
HOA Y/N No
Year Built 1912
Lot Size 5,601 Sqft
Property Description
Vintage Duplex in the Heart of Pico/Mid-WilshireLocated on a beautiful, well-maintained residential street in the highly desirable Pico/Mid-Wilshire area, this charming vintage duplex offers timeless character, immediate rental income, and exciting future potential. Both units are tenant-occupied, providing a combined monthly rental income of $4,562. The spacious two-bedroom, one-bath unit currently rents for $2,892 per month, while the one-bedroom, one-bath unit rents for $1,670 per month. Tenants are responsible for their own electricity, gas, and water expenses. Situated on an approximately 5,600-square-foot lot, the property features approximately 1,688 square feet of living space. Two separate parcel numbers may provide additional flexibility and potential for future expansion or redevelopment, subject to applicable zoning regulations, permits, and governmental approvals. Buyers are encouraged to independently verify all development possibilities. Conveniently located near USC, Exposition Park, Downtown Los Angeles, shopping, dining, public transportation, and major employment centers, with easy access to the 10 Freeway. This is an excellent opportunity for investors seeking steady rental income, long-term appreciation, and value-add potential in a centrally located Los Angeles neighborhood.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Vented Exhaust Fan, Dryer, Washer
Exterior
Parking Features Door-Multi, Driveway, Garage, One Space
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5058022002
Special Listing Condition Standard
Listed by Amber Seo Campos New Star Realty #02008733
Nearby Locations
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