$1,130,000
$1,199,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
10,410 Sqft Lot
SOLD DATE : 11/16/2021
Key Details
Sold Price $1,130,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219067956DA
Sold Date 11/16/21
HOA Y/N No
Year Built 1954
Lot Size 10,410 Sqft
Property Description
Attention Small Lot Developers and first time home buyers!! Great opportunity to develop or live in one unit and lease out the other unit. This is a unique property with unlimited potential located in the strong rental market of LA. Duplex boasting 1 bedroom 1 bath each. Both units are vacant. The interior includes tile and wood flooring, copper plumbing, wall heater, window AC and much more. Outside laundry hook up. The property included a third unit that was demolished however there is a credit for sewer and square footage with the city if someone wanted to rebuild. Remaining of the third unit is a one car garage that has a 10X10 office above it and a 1/4 bath that are all permitted and add an estimated 112 sq ft to the property, which can be legally rented for extra income. Seller has been paying to keep the status of that third unit. Thru lot to paper street Oak Tree Drive. Lot can also be subdivided, seller has records of an expired soil report and topography survey. Lot is 10,411 sq ft. Three separate addresses, 3 electric meters, one water meter and two gas meters. The city also allows for ADU accessory dwelling unit. Buyer to verify zoning. Motivated seller. Aggressively priced.
Location
State CA
County Los Angeles
Area 618 - Eagle Rock
Rooms
Other Rooms Guest House
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Wood
Fireplace No
Appliance Water Heater
Exterior
Garage Driveway, On Street
Garage Spaces 1.0
Garage Description 1.0
View Y/N No
Total Parking Spaces 1
Private Pool No
Building
Lot Description Lawn
Story 1
Entry Level One
Level or Stories One
Additional Building Guest House
New Construction No
Others
Senior Community No
Tax ID 5686016025
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Rosa A. Garcia • Division One Investment & Loan Inc
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