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Key Details
Sold Price $645,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,244 sqft
Price per Sqft $518
MLS Listing ID CRSB24065702
Sold Date 09/13/24
Bedrooms 3
HOA Y/N No
Year Built 1927
Lot Size 7,684 Sqft
Acres 0.18
Property Description
Exceptional Investment Opportunity!! Whether you're seeking to expand your real estate portfolio or capitalize on the thriving rental market near SOFI Stadium, this duplex offers an unparalleled opportunity. The combination of location, current income, future income potential, and future development possibilities make it a lucrative investment for savvy investors. This property consists of two distinct homes, ideal for accommodating multiple tenants or generating dual rental income. The first unit features a cozy 1 bedroom and 1 bathroom layout, while the second unit offers a more spacious 2 bedroom and 1 bathroom configuration. Each unit has it’s own outdoor laundry hook up areas. Situated on a large 7,684 square foot lot, this property provides ample space for potential expansion or outdoor amenities. Zoned INCSYY, this may provide other development/business future opportunities in addition to it’s current multifamily income use. The alley access enhances convenience for residents and offers additional parking options. Both units are currently rented, providing immediate income for investors. The stable rental history and proximity to SOFI Stadium, The Forum and future home of Clippers Arena ensure strong demand for tenants seeking a convenient and vibrant lifestyle.
Location
State CA
County Los Angeles
Area Listing
Zoning INCS
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Laminate, Tile, Wood
Fireplace No
Appliance Gas Water Heater
Laundry Gas Dryer Hookup, Other
Exterior
Exterior Feature Other
View Y/N false
View None
Total Parking Spaces 5
Building
Lot Description Irregular Lot, Level, Other, Landscape Misc
New Construction No
Others
Tax ID 4021032007
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© 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.
Bought with AmberWalker