






Property Attributes
- MLS#21686648
- TypeContingent
- CountyLOS ANGELES
- CityLos Angeles
- AreaGlassel Park
- Zip90065
- Style
- Price$ 985,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Roderick 'Rick' Raymundo with Marcus & Millichap.
Data Source:
CRMLS
Property Description
Since the duplex was constructed in 1989, it may allow for higher annual increases for those two units, which are not subject to Los Angeles rent control (Buyer to verify). Situated in the gentrifying Glassell Park neighborhood of Los Angeles, the investment offers a substantial opportunity for a new investor to add value, as current rents are approximately half of those in similar units in the area. Located near the intersection of San Fernando Road and Division Street, the property is adjacent to the recently revitalized neighborhoods of Mount Washington, Highland Park, and Elysian Valley. The investment only benefits from the numerous redevelopment projects lining the Los Angeles River, which is just five blocks from the property.
Price History | |
---|---|
1/29/2021 | Listed $985,000 |
General Features
Heating | None |
---|---|
MLS Area | 623 - Glassel Park |
Parking Features | Assigned |
Property Type | Residential Income |
Total Units | 3 |
Zoning | LAR2 |
Exterior Features
Lot Dimensions | 50x150 |
---|---|
Lot Size Acres | 0.17 |
Lot Size Area | 7501 |
Lot Size Square Feet | 7501 |
Lot Size Units | Square Feet |
Number of Buildings | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool