This income property in a dynamic Mid-Wilshire location at the center of a thriving community is a wonderful investment opportunity. Built in 1918 this duplex has 1,826+/- sq.ft. on 5,698 sq.ft. lot with LAR3 zoning. The duplex consists of (1) 3bd/2bth unit and (1) 1bd/1bth unit - tenants pay their own utilities. The property offers the charm of 1918 California Bungalow with the front house featuring a arched entry, front porch, and fireplace. The spacious outdoor space also has a long driveway for ample parking, and low-maintenance grounds. This prime location is close to all that Mid-Wilshire and Koreatown have to offer. In close proximity to the Wilshire/Vermont Metro Station, the Metro B Line (Red), and DASH - and just moments from the 101 and 110 freeways providing easy access to get around the city. The business rich Mid-Wilshire area is highly desirable for rentals with consistent demand for housing, surrounded by the diverse and robust Los Angeles economy - all help to maintain and grow the vibrant population. This premier duplex brings established residential tenants in a booming market for long term growth or may offer the opportunity for adding an Accessory Dwelling Unit or the development of a new project.
DAYS ON MARKET
|
170
|
LAST UPDATED
|
10/20/2024
|
YEAR BUILT
|
1918
|
COMMUNITY
|
Mid-Wilshire
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
AIR |
Wall/Window Unit(s) |
AIR CONDITIONING |
Yes |
AREA |
Mid-Wilshire |
CONSTRUCTION |
Stucco |
EXTERIOR |
Awning(s) |
FIREPLACE |
Yes |
GARAGE |
Driveway |
HEAT |
Wall Furnace |
HOA DUES |
0 |
INTERIOR |
All Bedrooms Down |
LOT |
5698 sq ft |
LOT DESCRIPTION |
0-1 Unit/Acre, Rectangular Lot, Street Level |
PARKING |
Driveway |
POOL DESCRIPTION |
None |
SEWER |
Public Sewer |
STORIES |
1 |
STYLE |
Bungalow |
UTILITIES |
Cable Available,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected |
VIEW DESCRIPTION |
None |
WATER |
Public |
ZONING |
LAR3 |
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Listed with Vista Sotheby's International Realty
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/21/24 2:52 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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