$1,050,000
$1,149,999
8.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
8,250 Sqft Lot
SOLD DATE : 01/16/2025
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24219012
Sold Date 01/16/25
Bedrooms 4
HOA Y/N No
Lot Size 8,250 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Buyers Loss, Your Gain! Welcome to this exceptional investment opportunity in Ladera Heights, featuring a beautifully designed mid-century modern duplex with two spacious units, along with a bonus single unit. Here's what makes this property a must-see: Architectural Charm The mid-century modern design showcases high ceilings and abundant natural light, creating a bright, airy, and welcoming atmosphere in both units. Spacious Layout One unit offers two bedrooms and one bath, and Another Unit with Two Bedrooms and two bath providing comfortable living spaces. The front unit has been recently remodeled, featuring updated floors, fresh paint, and modern finishes, while the second unit presents an exciting opportunity for renovation to increase its value further. Leased Units The front 2-bedroom unit is currently leased for $2,650, generating immediate rental income. Additionally, the bonus single unit in the back is leased for $1,300, boosting the financial appeal of this investment. Parking Convenience One unit has its own private two-car garage, offering secure parking and storage. Additional parking is available for residents and guests. Prime Location Situated just minutes from major attractions such as SoFi Stadium, The Forum, Hollywood Park development, Fox Hills Mall, and the beaches of Los Angeles, this property is also close to Culver City. Enjoy easy access to LAX, local dining, shopping, and the Crenshaw/LAX Metro Line, making it ideal for commuters. This property combines strong investment potential with established rental income in a highly desirable neighborhood.
Buyers Loss, Your Gain! Welcome to this exceptional investment opportunity in Ladera Heights, featuring a beautifully designed mid-century modern duplex with two spacious units, along with a bonus single unit. Here's what makes this property a must-see: Architectural Charm The mid-century modern design showcases high ceilings and abundant natural light, creating a bright, airy, and welcoming atmosphere in both units. Spacious Layout One unit offers two bedrooms and one bath, and Another Unit with Two Bedrooms and two bath providing comfortable living spaces. The front unit has been recently remodeled, featuring updated floors, fresh paint, and modern finishes, while the second unit presents an exciting opportunity for renovation to increase its value further. Leased Units The front 2-bedroom unit is currently leased for $2,650, generating immediate rental income. Additionally, the bonus single unit in the back is leased for $1,300, boosting the financial appeal of this investment. Parking Convenience One unit has its own private two-car garage, offering secure parking and storage. Additional parking is available for residents and guests. Prime Location Situated just minutes from major attractions such as SoFi Stadium, The Forum, Hollywood Park development, Fox Hills Mall, and the beaches of Los Angeles, this property is also close to Culver City. Enjoy easy access to LAX, local dining, shopping, and the Crenshaw/LAX Metro Line, making it ideal for commuters. This property combines strong investment potential with established rental income in a highly desirable neighborhood. Don't miss out on this fantastic opportunity! Subject to cancellation of previous escrow, its ready for you to make it yours. Would you like more details on financing options, neighborhood amenities, or a deeper dive into its long-term investment potential?
Location
State CA
County Los Angeles
Area Los Angeles (90056)
Zoning Estimated
Interior
Cooling Central Forced Air, Wall/Window, Other/Remarks
Appliance Floor Furnace
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Monthly Total Fees $4, 166
Acceptable Financing Land Contract
Space Rent $1,300
Listing Terms Land Contract
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with San Diego