$510,000
$500,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
SOLD DATE : 07/09/2025
Key Details
Sold Price $510,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC25101014
Sold Date 07/09/25
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Excellent investment opportunity! This duplex generates a strong gross income of $51,708/year and offers two spacious units, each featuring 2 bedrooms, 1 full bathroom, and approximately 800 sq.ft. of living space. The front unit was updated with new vinyl plank flooring in 2021 and has been occupied by the same tenant for 4 years, while the back unit houses a long-term tenant. Both tenants are Section 8, ensuring on-time rent payments and stable income. The property also includes a 2-car garage, offering ADU potential or the opportunity for a garage conversion to increase rental income. Located in a high-demand rental area, this duplex offers consistent cash flow, strong tenant stability, and long-term upside. Perfect for any investor looking to secure a solid income-producing asset with built-in value-add options.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction North of W. Avenue I and East of 13th st west
Interior
Cooling Heat Pump(s)
Fireplace No
Exterior
View Y/N No
Roof Type Rock/Gravel
Building
Story 1
Level or Stories 1
Others
Tax ID 3120031016
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Anil Srivastava Guru Financial
"My mission as your Realtor is to build trust-based relatioships and exceed your expectations, ensuring a seamless and rewarding real estate experience."