Description
A charming duplex in Pico-Union that features recently updated bathrooms, kitchens, and flooring and possesses competitive rental property advantages such as ample parking for tenants and close proximity to everything DTLA has to offer. Adjacent to downtown Los Angeles, the property is a two-minute drive from the Staples Center and LA Live with easy freeway access. Fundamentals are strong with the current tenants producing a monthly income of $5,000. The current owner regularly invested in improvements for the property, and the sale includes a previously approved plan for a 2 bed / 2 bath 1089 sqft ADU. An excellent opportunity for those looking to walk in cash flow positive on day one with the potential to expand on their investment.
-
5BEDS
-
0.14ACRES
-
0BATHS
-
01/2 BATHS
-
2,051SQFT
-
$414$/SQFT
School Ratings & Info
Description
A charming duplex in Pico-Union that features recently updated bathrooms, kitchens, and flooring and possesses competitive rental property advantages such as ample parking for tenants and close proximity to everything DTLA has to offer. Adjacent to downtown Los Angeles, the property is a two-minute drive from the Staples Center and LA Live with easy freeway access. Fundamentals are strong with the current tenants producing a monthly income of $5,000. The current owner regularly invested in improvements for the property, and the sale includes a previously approved plan for a 2 bed / 2 bath 1089 sqft ADU. An excellent opportunity for those looking to walk in cash flow positive on day one with the potential to expand on their investment.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-08T16:34:25.043. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.