512 S La Verne Avenue
Los Angeles, CA 90022
0.18 acres | #CV24160867
Description
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
- Lot DescriptionItem25UnitsAcre
- Stories1
Measurements
- Acres0.1837
Parking
- Parking Spaces3
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1949
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$550,000
Other
- MLS #CV24160867
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Albert Pasillas (#C24195)
Listing Office: VYLLA HOME (#50322)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
