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$1,399,900
Est. payment /mo
4 Beds
2 Baths
4,725 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26126825
Bedrooms 4
Lot Size 4,725 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional investment opportunity in the heart of Mid-City Los Angeles one of the city's most desirable and rapidly appreciating neighborhoods. This well-maintained 2-story duplex, built in 1936, offers 2,330 SF of total living space and features two identical units, each with 2 bedrooms, 1 bathroom, and a dedicated parking space. The property presents outstanding upside potential: one unit is currently tenanted at $2,682/month with a long-term resident, while the second unit is vacant and move-in ready offering the rare chance to set market-rate rent from day one. Current market rents in the area are trending at approximately $3,500/month per unit, representing immediate income growth for a savvy investor. Whether you're looking for a pure income play or an owner-user opportunity, this duplex delivers. Live in one unit while the other offsets your mortgage a smart strategy in a neighborhood where rental demand remains consistently strong. Ideal for 1031 exchange buyers, first-time investors, or owner-occupants seeking a foothold in prime Los Angeles real estate. Don't miss this chance to own a value-add duplex in a sought-after location with strong fundamentals and immediate cash flow potential. Properties like this don't last long schedule your showing today.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Between S San Vicente Blvd and W Pico Blvd
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5085014030
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Listed by Sarah Bae, DRE#01347138 New Star Realty & Investment
Nearby School & Business
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