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$965,000
Est. payment /mo
3 Beds
2 Baths
2,714 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 P1-28273
Bedrooms 3
Lot Size 2,714 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Two blocks from downtown Montrose, past the shops and the park, sits a property built for two very different buyers. Downstairs offers two bedrooms, one bath, a large living room, and an eat-in kitchen with laundry hookups. A fireplace warms the space. A dedicated parking spot sits at the rear of the building. Upstairs, one bedroom and one bath open onto a small balcony with beautiful views. That unit has its own updated kitchen, a full fireplace, and a two-car garage reserved just for the upstairs tenant. First-time homebuyer: Perhaps Montrose has always felt out of reach. Every search ends the same way: bad location or too much money. This duplex changes that math. Move into the upstairs unit, balcony and all, and let the two-bedroom downstairs help cover the mortgage. Or take the larger unit for yourself and rent out the one above. Let the rent supplement your payment. Together they bring in over $4,450 a month. First-time investor or looking to add a nugget in the heart of Montrose to your portfolio? Here's a low-maintenance investment, one with tenants already in place, income already flowing, and upkeep kept simple. Over $4,450 a month, two blocks from downtown Montrose, doesn't come along often. A first home. A first investment. A small addition to your portfolio. This one gives you choices.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Exiting Montrose Ave
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition,Rolled/Hot Mop
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5807002030
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Listed by Robbyn Battles, DRE#00984070 JohnHart Real Estate
Nearby School & Business
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