512 S La Verne Avenue
Los Angeles, CA, 90022
$550,000
Beds
0 Baths
SqFt
0.18 Acres
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Ideal for investors looking to generate rental income, this duplex offers a prime opportunity in the heart of Los Angeles. The front unit is already providing automatic income with long-time tenants in place, while the back unit is empty for new owner occupancy.

This property sits on a huge lot, featuring a long driveway and separate 1 and 2 car garages, providing ample parking and storage space. With plenty of room for growth, there are endless possibilities for expansion or development.

Located within a 3-mile radius, you’ll find plenty of amenities including downtown Los Angeles, dining options, and schools such as James A. Garfield High School. The area also boasts convenient public transportation options, making commuting a easy. Enjoy the vibrant neighborhood with parks and recreational areas nearby, perfect for families and outdoor enthusiasts.

While the home does need some repairs, its potential for significant return on investment makes it a compelling choice.

Property Details

Price:
$550,000
MLS #:
CV24160867
Status:
Pending
Baths:
0
Address:
512 S La Verne Avenue
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Aug 4, 2024
State:
CA
ZIP:
90022
Lot Size:
8,002 sqft / 0.18 acres (approx)
Year Built:
1949
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Schools

Interior

Heating
None

Exterior

Community Features
Street Lights, Suburban
Garage Spaces
3.00
Lot Features
2-5 Units/ Acre, Lot 6500-9999
Parking Features
Detached Carport
Parking Spots
3.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public

Financial

Tenant Pays
All Utilities

Map

Community

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512 S La Verne Avenue
Los Angeles, CA