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.
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
See this Listing
Mortgage Calculator
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
- Address512 S La Verne Avenue Los Angeles CA
- Area699 – Not Defined
- CityLos Angeles
- CountyLos Angeles
- Zip Code90022
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Courtesy of VYLLA HOME. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
512 S La Verne Avenue
Los Angeles, CA
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