301 N Mcdonnell Avenue, Los Angeles, California 90022

$629,000

Bedrooms

3

Bathrooms

2

Square Feet

1,505 sqft

City

Los Angeles

Status

Active

We are pleased to present 301 N McDonnell Ave, a fully occupied 2-unit property in East Los Angeles offering an attractive combination of rental upside, abundant parking, and future development potential. THE PROPERTY WILL BE SOLD WITH ALL TENANTS IN PLACE. The proper ty consists of two detached, single-story residences totaling approximately 1,505 square feet of rentable living area, situated on a substantial 7,011-square-foot corner lot zoned LCR2. The unit mix includes one 2-bedroom/1-bathroom unit and one 1-bedroom/1-bathroom unit, both currently occupied. A detached 2-car garage, along with approximately 5 additional uncovered tandem parking spaces, provides an exceptional amount of parking for the property. Current rents of fer significant upside, providing an investor with an opportunity to increase cash flow through future rental adjustments and strategic repositioning. Residents benefit from convenient access to a variety of retail, dining, and neighborhood amenities, including Steven's Steak & Seafood House, Ruby's Diner, Starbucks, Il Saggio Italian Restaurant, Tamayo Restaurant & Art Gallery, Mi Pueblo Salvadoran Restaurant, Birrieria Gonzalez, El Gallo Giro, and Tacos Baja. The property is also located near Whittier Boulevard, the primary commercial corridor serving East Los Angeles and a longstanding destination for shopping, dining, services, and local culture. With its sizable corner lot, two detached residences, abundant parking, and substantial rental upside, 301 N McDonnell Ave presents an attractive opportunity for investors seeking a well-located East Los Angeles duplex with immediate income-growth potential and long-term optionality. Contact the listing broker for additional information.