Price Adjusted BOM. Charming Mid City duplex featuring a 2 bedroom 1 bath front unit and a 1 bedroom 1 bath rear unit. Both units have had numerous updates over the past several years; updated Kitchens w/ granite counter tops; tile flooring in both bathrooms, freshly painted and more! This property is in a prime location, minutes from the light rail, major developments in Culver City and other planned developments in the general area and on the same street as subject. It is situated on a R2 lot and has tons of upside. The Site is Zoned for Tier 3 TOC providing developers with a density bonus and additional incentives for new construction multi-family development. Long time owners, hence rents are low, however the right buyer with a little patience this jewel will yield a good investment opportunity for investors or owner user. This is a Trust Sale and is being sold in its "as is" present condition with tenants remaining at COE. Buyer to do their due diligence to satisfy themselves of all aspects of the property. Tax rolls shows 2 bedrooms 2 bath, however the front unit is much larger and is a legitimate 2 bedroom 1 bathroom, dining area and service porch. Centrally located and close to major freeways, transportation hubs, eateries and entertainment venues. This is a winner for an investor developer. Drive by, but please do not disturb tenants. Offer subject to interior inspection. Submit all offers...
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List Price | $899,000 |
Property Type | Duplex (2-units) |
Usable Sqft | 1,412 |
Number of Stories | 1 stories |
Parking Spots | 2 spots |
Year Built | 1940 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 5064025030 |
MLS # | 23307831 |
Property ID | 293038674 |
Lot Sqft | 5,004 |
Zoning | LARD2 |
Total Units | 2 |
Date Updated | May 30, 2024 |
Date Created | September 03, 2023 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | 2 | 1.00 | $1,148 | $2,600 |
Unit #2 | 1 | 1.00 | $1,460 | $1,800 |
Gross Income (Yr) | $ 0 |
Operating Expenses | $ 0 |
Net Income (Yr) | $ 0 |
Theodis'Ted' Brass an agent of . Lic #00615106
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT