$725,000
$799,500
9.3%For more information regarding the value of a property, please contact us for a free consultation.
7,501 Sqft Lot
SOLD DATE : 06/17/2024
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24058535
Sold Date 06/17/24
HOA Y/N No
Year Built 1922
Lot Size 7,501 Sqft
Property Description
Welcome to this fabulous investment opportunity, offering the perfect blend of comfort, space and potential income! This unique and spacious lot features TWO detached houses, TWO detached garages, and a HUGE detached barn structure. This unique property presents a versatile opportunity for both homeowners and investors alike. The front house boasts functionality with two bedrooms and one bathroom, a generously sized kitchen, living room, service porch with laundry hookups and detached one car garage with long driveway for ample parking. The back unit is currently being utilized as a one bedroom, one bathroom home, but shows up on the tax records as having two bedrooms. The back unit could easily be converted back into a two bedroom, one bathroom home. It has an extremely large kitchen, laundry room with hookups and generously sized detached two car garage with a permitted room attached, that is currently being used as an additional storage area. The existing (detached) two car garage with the permitted room, is potentially a sizeable Accessory Dwelling Unit (ADU). If that is not enough…there is another structure on the property! A huge, oversized barn structure, that could easily fit 4+ cars with room to spare. This structure might be a great future garage, who knows!
This duplex (with 5 separate structures on the lot) is a diamond in the rough, ready to be transformed into a gem. With a little updating and some TLC, it has the potential to become a welcoming, stylish, and valuable property. Each unit enjoys its own private outdoor area.
YOU CAN BUY AS AN INVESTOR OR AS A FIRST-TIME BUYER, LIVE IN ONE AND RENT THE OTHER ONE FOR ADDITIONAL INCOME. The options are unlimited! Being sold in as is condition.
Location
State CA
County Los Angeles
Area Rk - Paramount South Of Somerset
Rooms
Other Rooms Shed(s)
Interior
Interior Features Ceiling Fan(s), Laminate Counters, All Bedrooms Down, Bedroom on Main Level, Jack and Jill Bath
Heating Wall Furnace
Cooling None
Flooring Carpet, Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Cooktop, Gas Oven, Refrigerator, Water Heater
Laundry Washer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Garage Concrete, Door-Multi, Door-Single, Driveway, Garage Faces Front, Garage, Garage Faces Rear
Garage Spaces 3.0
Garage Description 3.0
Fence Wood
Pool None
Community Features Curbs, Suburban, Sidewalks
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Accessibility None
Parking Type Concrete, Door-Multi, Door-Single, Driveway, Garage Faces Front, Garage, Garage Faces Rear
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre, Back Yard, Front Yard, Level, Sprinkler System, Yard
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
Additional Building Shed(s)
New Construction No
Others
Senior Community No
Tax ID 7102015009
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Trust Deed, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, Trust Deed, VA Loan
Financing Seller Financing
Special Listing Condition Standard
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Bought with Rod Austin • Home Base Realty Inc