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$1,190,000
Est. payment /mo
3 Beds
1 Bath
3,255 SqFt
UPDATED:
11/21/2024 03:41 PM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,255 sqft
Price per Sqft $365
MLS Listing ID CROC24234604
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1912
Lot Size 7,325 Sqft
Acres 0.1682
Property Description
This single-family home offers charm, versatility, and investment potential. Officially a single-family residence, it is divided into three separate units, generating $4,500 in monthly rental income. The main house on the first floor is spacious and well-lit, while the second floor features two private units. Additionally, the detached garage has been converted into an independent third unit, maximizing rental opportunities. Though the units are unpermitted, the property retains its single-family classification, allowing flexibility for future updates or development. Located in a rapidly growing Los Angeles neighborhood, it provides excellent access to freeways, public transportation, and popular areas like Downtown, Koreatown, and Mid-Wilshire. Surrounded by vibrant cultural and recreational amenities, including The Grove, LACMA, and the upcoming Lucas Museum, the area’s appeal continues to grow alongside rising property values. With steady income and long-term appreciation potential, this home is ideal for investors or homeowners seeking supplemental income. Its flexible layout and location in a thriving area make it a rare and valuable opportunity. Schedule a showing today to explore this promising property! It is perfect for Fixer or Flipping
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Other
Exterior
Exterior Feature Garden, Front Yard
Garage Spaces 2.0
Pool None
View Y/N true
View City Lights
Total Parking Spaces 2
Private Pool false
Building
Lot Description Flag Lot
Story 2
Water Private
Level or Stories Two Story
New Construction No
Schools
School District Los Angeles Unified
Others
Tax ID 5061020039
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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.
Listed by James Min • Signature One Realty Group, Inc