listings details
listings details
about this home
Rare Duplex Opportunity with Both Units Delivered Vacant. This is a unique chance to choose your own tenants at market rent or move in with extended family. The property features substantial rental income potential and no rent control. Both units will be delivered vacant, which is incredibly rare in Los Angeles due to local rent control laws and just cause evictions. Potential rental income is $7,500 per month at $3,750 per unit. The estimated rent exceeds the mortgage payment by almost $2,000, with 25% down. Boasting an exceptional Gross Rent Multiplier of just 9.7, which is well below the area average of about 16, this deal offers incredible value. Both units are newly remodeled with fresh paint, laminate wood flooring, quartz countertops, and dedicated in-unit washer-and-dryer hookups. Parking is easy with four spaces total, featuring two tandem spots per unit. Enjoy low maintenance overhead thanks to excellent unit separation, limited common areas, separate gas and electric meters, and newer construction built to modern building codes. Prospective buyers are advised to verify all information, including financing terms and the property's non-rent-control RSO status. The property is sold as is. Some photos are virtually staged.
Key details
MLS Number
26838969
Price
$875,000
Price per Sqft
$374
Bedrooms
6
Total Bathrooms
4
Full Bathrooms
4
Property class
Residential Property
Property type
Residential Income
Property style
Other
Year built
2004
HOA fees
-
Days on Market
8
Listing agent
Listing Agent 1
Agent name
Joel Daniel Rangel
Agent Email
DANIEL@THEARTISTOFREALESTATE.COM
Agent Phone
(310) 749-7092
Website
http://www.camoves.com
Brokerage name
Coldwell Banker Realty
Brokerage address
-
Location
Street Address
8624 Main Street
City
Los Angeles
County
CA
District
-
Major Intersection
-
Neighborhood
-
Zipcode
90003
Unit Number
-
Building details
Stories
-
Pet policy
-
Year Built
2004
Lot
0.06 acres / 2,751 sqft
Lot dimensions
-
Lot dimension source
-
Zoning
LAC2
Zoning type
-
Zoning description
-
Parking
Parking description
-
Garage spaces
-
Parking spaces
4
Interior
Bedroom
Bedrooms: 6
Bathroom
Bathrooms: 4
Heating & Cooling
Cooling: None
Heating: Wall Furnace
Interior features
Flooring: Carpet, Laminate
Exterior
Exterior Features
Construction: Stucco
Roof: Composition Shingle
Foundation: Raised
Utility
Sewer: Other
Pool / Waterfront
Pool: None
Outdoor
Patio: Concrete, Porch
Schools/Amenities around
No schools found nearby.
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