Discover an exceptional investment opportunity in Watts, Los Angeles. This property features a spacious six-bedroom, four-bathroom main home, currently utilized as a non-conforming duplex, alongside a newly constructed, legally permitted Accessory Dwelling Unit (ADU) providing flexible rental options. The property is in good condition, with minimal deferred maintenance required. The main home offers significant rental income potential, while the ADU is delivered vacant and in pristine condition, ready for immediate occupancy. Situated near the 105 and 110 freeways, with convenient access to local amenities, including the Watts Towers Arts Center, Ted Watkins Memorial Park, and various shopping and dining options. The property is approximately 15 minutes from Los Angeles International Airport (LAX). This property is ideal for investors seeking a high cash-flow asset with the potential for value appreciation. Current rents are below market value, presenting an immediate opportunity to increase cash flow. Additionally, it offers possibilities for owner-occupiers looking to reside in one unit while generating rental income from the others.
Property Details
Price:
$749,000
MLS #:
SB25028945
Status:
Active
Beds:
7
Baths:
5
Address:
10352 Anzac Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c37metropolitansouth
City:
Los Angeles
Listed Date:
Feb 12, 2025
State:
CA
Finished Sq Ft:
2,660
ZIP:
90002
Lot Size:
3,251 sqft / 0.07 acres (approx)
Year Built:
2006
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Schools
School District:
Los Angeles Unified
Interior
Cooling
None
Fireplace Features
None
Heating
Wall Furnace
Exterior
Community Features
Urban
Garage Spaces
0.00
Lot Features
Yard
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address10352 Anzac Avenue Los Angeles CA
- AreaC37 – Metropolitan South
- CityLos Angeles
- CountyLos Angeles
- Zip Code90002
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10352 Anzac Avenue
Los Angeles, CA
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