This duplex presents a fantastic, stable investment opportunity in the heart of the Southeast Los Angele area. With two well-maintained 2-bedroom, 1-bathroom units, the property is fully occupied, providing immediate, consistent cash flow for any investor looking to skip the search for tenants and start earning from day one. The property is not subject to the City of Los Angeles Rent Stabilization Ordinance (RSO), offering owners significantly more flexibility in managing rental rates and property operations. Situated on a 4,484-square-foot lot with versatile LAR2 zoning, the property offers both long-term value and strategic growth potential. Residents enjoy a convenient lifestyle with excellent access to major freeways for an easy commute to Downtown LA, close proximity to local schools like Samuel Gompers Middle School, and nearby access to essential shopping, dining, and public transit.This property is perfectly suited for an investor or contractor eager to apply their expertise to a project with strong growth potential in a high-demand, non-RSO rental market.
| MLS # | PW26136385 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1993 |
| Days On Site | 80 |
| Listing Provided By | Circle Real Estate | Jasmine Griffin |
| SQ Feet | 1,790 |
|---|---|
| Garage | 1 |
| Story(s) | 1 |
| Units | 2 |
| Building(s) | 1 |
| Acreage | 0.10 |
| Property View | None |
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Ceiling Fans, All Bedrooms Down |
| Fireplace Yes / No | No |
| Roof | Shingle |
|---|---|
| Security Features | Smoke Detectors, Window Bars |
| Foundation Details | Slab |
| Lot Features | Zero To One Unit Acre |
| Fencing | Fair Condition, Split Rail |
| Parking Features | Assigned, Garage Faces Front, Garage |
|---|---|
| Garage Yes / No | Yes |
| Utilities | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected |
|---|---|
| Sewer | Public Sewer |
| Community Features | Curbs, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90061 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90061) | |
Price: $599,999 low | high Med: $1,067,500 sqft: 1,790 low | high Med: 2,222 $ / sqft: $335 low | high Med: $485 On site: 80 low | high Med: 79.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90061 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90061) | |
Price: $599,999 low | high Med: $1,067,500 sqft: 1,790 low | high Med: 2,222 $ / sqft: $335 low | high Med: $485 On site: 80 low | high Med: 79.5 | |