$690,000
$679,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
9,583 Sqft Lot
SOLD DATE : 02/28/2020
Key Details
Sold Price $690,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IG19254634
Sold Date 02/28/20
HOA Y/N No
Year Built 1947
Lot Size 9,583 Sqft
Property Description
Two houses on a lot with separate addresses. Talk about opportunity, these homes 2 properties boast approx 1600 total sq ft with 4 bedrooms &
3 bathrooms total. Each property has their own separate gas and electric meter and 1 shared water meter. You could live in one property and rent out the other or makes for a great investment opportunity with a potential 6% cap rate by renting out both units.Front house 13971- Has been remodeled and is approx 800 sq ft with 2 bedrooms and 1 full bathroom. Great curb appeal and inside you will be amazed by the natural sunlight throughout the living room and kitchen. The kitchen features new white shaker cabinetry for optimal storage, new quartz counters, and & new stainless steel appliances. Hallway leads to the 2 bedrooms serviced by a hallway bathroom with new vanity, new tiled floor and new shower enclosure. Inside laundry hook ups, new interior/exterior paint and new laminate floors throughout. The 2nd property 13969- Is a permitted 2019 ADU new build and features 800 sq ft with 2 bedrooms and 2 bathrooms Kitchen with various cabinets for ample storage and quartz countertop & backsplash and stainless steel appliances. Laminate floors through out, central heat and AC, and inside laundry hook ups. Front home has the possibility to rent for $2300/ month while the back home has the possibility to rent for $2300/month for a combined total of $55200/year.
Location
State CA
County Los Angeles
Area Pac - Pacoima
Zoning LAR1
Rooms
Other Rooms Two On A Lot
Interior
Heating Central, See Remarks, Wall Furnace
Cooling See Remarks, Wall/Window Unit(s)
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Curbs
Private Pool No
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Two On A Lot
New Construction No
Others
Senior Community No
Tax ID 2618006023
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Annie Chen • United Real Estate Los Angeles