Property
Beds
4
Full Baths
None
1/2 Baths
None
Year Built
1940
Sq.Footage
1,400
Looking for a smart investment in one of Los Angeles' fastest growing neighborhoods such as Highland Park, Mt. Washington, Echo Park, Glassell Park, El Sereno, the Arts District, or Elysian Park? Location is everything, and while homes can always be remodeled at any time, land is everything, and this duplex is positioned right in the heart of NOLA's creative energy and ongoing growth close to the 5, 101, 110, 710, 2 and 10 freeways. At $1.2M you are essentially buying each unit for $600,000, a rare opportunity in today's market. With interest rates trending downward, ownership pencils out to about $6,100 per month for principal and interest on a 30 year loan at 5.5% allowing you to live in one unit and rent the other or rent both and enjoy a solid 5% cap rate while building equity and taking advantage of tax benefits. This recently remodeled and completely vacant duplex sits on a chic 5,666 square foot corner lot just minutes from York and Figueroa, with approximately 1,400 square feet of living space that includes two bedrooms and one bath in each unit. Thoughtful updates include laminate wood floors, split systems for heat and air conditioning, private fenced yards, separate entrances, dedicated laundry for each home, and one unit even captures sweeping views of the Downtown Los Angeles skyline. Designer kitchens, modern baths, and bright open floor plans make both residences feel fresh and turnkey, while lush landscaping, custom fencing, and gated parking create privacy and convenience. Set just ten minutes from Elysian Park, Dodger Stadium, Griffith Park, Downtown LA, the Arts District, Chinatown, Japantown, Atwater Village, Silver Lake, and Echo Park, this property offers easy access to the city's best dining, culture, and lifestyle. Both units are available for rent, and showings are open this Sunday from 2 to 5 pm.
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
N/A
-
Heating YN
YES
-
Heating
Central, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
Concrete, Driveway, Guest, Gated
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1301
-
Property Type
Residential Income
Price
-
Sales Price
$1,199,000
-
Sq. Footage
1, 400
-
Price/SqFt
$856
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
1
-
Senior Community YN
NO
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Eddie Arnez , Keller Williams Studio City
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

FOUNDER
LinaMirza
Call Lina today to schedule a private showing.

* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
