$825,000
Well-maintained duplex offering strong investment potential with one vacant unit & one unit leased at $2,975/month. Each unit features 3BD+2BA layouts, providing desirable rental configurations. (5.79% CAP with 11.90 GRM.) Bonus income stream from billboard lease adds to overall revenue. Ideal for investors or owner-users seeking upside in a well-located asset. Located just one block east of the local police station, quick access to Superior Grocers, shops, restaurants, and public transportation. Property includes rear parking for up to 5 vehicles and separately metered gas and electricity. Low-maintenance and high-potential. The current billboard lease is with Lamar for $50 a year, and it expires in 2034; then the property owner can lease it out at the market rate.
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Listed by Johnny Cho with Keller Williams Realty Los Feliz (323) 300-1000
Property Type
Residential Income
Status
Active
MLS Number
26827795
Year Built
2005
Lot Size
4,090 sq ft