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Listed by Christopher Audish, DRE #02061131 • HCM Real Estate
$ 1,075,000
Est. payment | /mo
5,988 Sqft Lot
$ 1,075,000
Est. payment | /mo
5,988 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26166998
Year Built 2016
Lot Size 5,988 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Turnkey Non-RSO Duplex, 10 Bedrooms, Strong Cash Flow, Value-Add Opportunity! Exceptional investment opportunity in the heart of Los Angeles! This newer construction duplex, built in 2016, offers two spacious 5-bedroom, 3-bathroom residences totaling 3,509 square feet. Unlike many income properties in the area, this asset is not subject to the Los Angeles Rent Stabilization Ordinance (RSO), providing investors with greater flexibility for future rental increases. Each thoughtfully designed unit features modern finishes, updated kitchens and bathrooms, open-concept living and dining areas, and the convenience of in-unit laundry hookups, an amenity that consistently attracts long-term tenants. A detached 3-car garage serves as great ADU Potential, plus additional driveway parking offers added value for both tenants and owner living. The property presents significant upside with current rents below market, offering the potential to increase gross annual income as units turn over or rent increases are eligible. Investors will also appreciate the potential to further enhance returns by adding an Accessory Dwelling Unit (ADU) in the spacious rear yard, subject to buyer verification. Ideally situated just minutes from SoFi Stadium, LAX, Downtown Los Angeles, Culver City, San
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Laundry 30, Other
Exterior
Garage Spaces 3.0
Pool None
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 5006016028
Special Listing Condition Not Applicable
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