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.
Location
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Listing Agent: Louis Delaura Courtesy of: Sotheby's International Realty The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved. Updated: 8th February, 2023 3:25 PM (UTC)
