PRICE $1,250,000 dsIDX morgage calculator
BEDS 5
BATHS 4
HOME SIZE 1,722 sqft
LOT SIZE 7,502 sqft

$100K PRICE IMPROVEMENT! SELLER HIGHLY MOTIVATED! This duplex in the highly sought after Virgil Village area is a great opportunity for an owner/user or investor who is looking for a great return and huge potential. Both units are renovated and will be delivered vacant. One unit is a 3 bed/2 bath and the other unit is a 2 bed/2 bath. Recently remodeled, both units have central air and heating, engineered hardwood floors, and individual laundry machines and dryers. Owner-owned solar panels for energy efficient use. Perfect for owner/user to live in one unit and rent out the other. Plenty of parking with a detached carport for 6+ cars and additional room outside for more. Large lot with opportunity to expand. There is room for two additional detached ADUs per code. Also, the property is commercially zoned for even greater use. Buyer to verify any potential expansion plans. There is the possibility of an assumable FHA loan at 3.25%. Contact listing agent for details. Close to all the shops and restaurants at the Sunset Junction, Virgil Village, Silver Lake, Echo Park, Historic Filipinotown, and DTLA. Easy access to the 101 freeway and B Line. This duplex property with expansion possibilities presents the perfect investment opportunity for the right buyer.

DAYS ON MARKET 83 LAST UPDATED 4/24/2024
YEAR BUILT 1915 COMMUNITY Mid-Wilshire
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Mar 3, '24 $1,395,000
Mar 3, '24 - Apr 24, '24 $1,350,000
Apr 24, '24 - Today $1,250,000


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Disposal, Dryer, Refrigerator, Washer
AREA Mid-Wilshire
BUYER'S BROKERAGE COMPENSATION 2.500 %
CONSTRUCTION Stucco
EXTERIOR Rain Gutters
GARAGE Detached Carport
HEAT Central
INTERIOR Recessed Lighting, Walk-In Closet(s)
LOT 7503 sq ft
LOT DESCRIPTION Front Yard, Landscaped, Lawn, Rectangular Lot, Yard
PARKING Detached Carport
POOL DESCRIPTION None
SEWER Sewer Tap Paid
STORIES 1
STYLE Bungalow
VIEW Yes
VIEW DESCRIPTION City Lights
WATER Public
ZONING LAMR1
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with The Collective Realty

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