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Key Details
Sold Price $720,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,708 sqft
Price per Sqft $421
MLS Listing ID 22116971
Sold Date 11/21/22
Bedrooms 3
Construction Status Fixer,Repairs Major,Under Construction
HOA Y/N No
Year Built 1925
Lot Size 6,250 Sqft
Property Description
Contractor or Investors Dream! 2 units in Boyle Heights with approved constructions plans to expand the front unit. The Front unit has been approved for 3 Bedrooms and 2 Baths. The rear unit has been a FULLY remodeled and features 2 Bedrooms and 2 Baths. Ideal for an owner occupant to live in one and the rent the other. Property has been maintained well and is easy to show. The detached homes provide privacy for both occupants along with a large driveway which provides plenty of onsite parking. The property is located behind Roosevelt High School within walking distance. Blocks from 4th and Soto St. Located within minutes drive of Downtown L.A. and all connecting Freeways 5,110,60. If front home is turned into a 3/2 bathroom unit it has a rental potential of over $2,800/Month. The rear 2/2 could be rented for over $2,400/Month which would generate a total of $5,200/Month OR $62,400 a year in gross rents. Zoned Tear 3 for high density, refer to Zimas for details. Thank you for showing! ***AN OFFER HAS BEEN ACCEPTED AND WE ARE IN ESCROW. WE ARE NOW TAKING OFFERS SUBJECT TO OVERBID IN ORDER TO CLOSE ESCROW***
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LAR2
Interior
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Exterior
Parking Features Driveway
Pool None
Total Parking Spaces 2
Private Pool No
Building
Sewer Other
New Construction No
Construction Status Fixer,Repairs Major,Under Construction
Others
Senior Community No
Tax ID 5185017009
Special Listing Condition Standard, Bankruptcy Property
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Bought with Emad Halaby Redfin Corporation
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Eddie Halaby
Redfin Agent License ID: CA #01944476
Redfin Agent License ID: CA #01944476
