Property
Beds
2
Full Baths
None
1/2 Baths
None
Year Built
1936
Sq.Footage
1,058
This income producing duplex in Echo Park consists of two detached units and presents a fantastic investment opportunity. It features a tenant-occupied front unit which provides immediate cash flow and a vacant back unit that is a blank canvas. The back unit has been taken down to the studs and is ready for your vision. The front unit offers reliable income with its one bedroom and one bathroom layout, while the back unit allows for significant renovation potential, ideal for savvy investors or flippers looking to maximize their return. The front unit has the same layout as the back unit, but the front unit is complete with reliable tenants. This property could become a positive cash flowing property once the back unit has been repaired and both units have tenants are market value. With separate entrances for privacy and a gated entry, this property is a prime opportunity to enhance your real estate portfolio. It is also located in a desirable neighborhood with strong rental demand. Don't miss out on the opportunity to secure this value-add property in the heart of one of the most up and coming neighborhoods of Los Angeles.
Features & Amenities
Interior
-
Total Bedrooms
2
-
Bathrooms
N/A
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Driveway, Private, Shared Driveway
-
Pool
Yes
-
Pool Features
None
Area & Lot
-
Lot Features
Rectangular Lot
-
Lot Size(acres)
0.0959
-
Property Type
Residential Income
Price
-
Sales Price
$799,999
-
Sq. Footage
1, 058
-
Price/SqFt
$756
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Adam Armienta , Douglas Elliman of California, Inc.
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