$20,000 PRICE REDUCTION!!! All the same great features but at a lower price!!!

South Lawndale Duplex on a large 6381 SF lot! So many possibilities for this property make it an investors dream. The front unit is 2Bd 1Ba and easy to make a 3/2 because there’s land to work with. Or build up. Or put a small investment into the interior of the front unit and bring its rent up to top tier of the 2/1 market. Or just sit back and collect rents from 2 stable and longtime tenants. The 30 day notice of the annual rent increase will be delivered in June.

Off Street Parking–The property boasts a ton of off-street parking, 8 spaces altogether which is huge in this neighborhood where parking is at a premium. The front unit has 1 carport with a driveway for a total of 2 parking spaces. The 1Bd 1Ba back unit sits atop 3 garages with driveways facing Firmona for a total of 6 possible parking spaces.

Garages are rented separately from the residences–2 of the garages rent for $200/mo each and the other for $160/mo. Garages can be storage space which is how all 3 garages are currently be used. On-site storage is huge because space at a storage facility would be of equal or greater cost to the tenants and much less convenient.

Pet Rent–Both tenants pay pet rent of $100/mo and $75/mo respectively.

Back unit upgrades–2019 kitchen was upgraded with new kitchen flooring, cabinets, countertops and sink, new water heater and cabinet, new double paned windows and blinds throughout. 2021 new refrigerator and oven/range with hood, new bdrm ceiling fan with light and remote control, new bdrm closet, new wall furnace.

Front unit upgrades–2024 new double paned windows and slider (5 year transferrable warranty), new garbage disposal.

Building exteriors–2024 front unit was termite inspected/tented and findings addressed, new privacy fence/security gate, new gutters. Both buildings received RoofMax treatment (5 year transferrable warranty) along with fresh exterior paint (all wood work and stucco).