Residential Income Details
Investors Delight with Over 6% return! Excellent opportunity to own this duplex with low maintenance and positive cash flow! Perfect for buyers to live in one and rent out the other. The property is in an unbeatable location with amazing views of the Downtown Skyline. This top and bottom duplex both feature 2 beds and 1 bath each, with a combined livable space of 1,732sqft. Both units have been updated and remodeled featuring new laminate flooring, new paint, new water heater, new kitchen cabinets with granite counter tops, and tastefully redone bathrooms. The open layout provides excellent flow between the rooms giving each unit a comfortable and relaxing vibe. Projected rents for each unit is $2,300+ offering a combined income of $55,200/year earning the new owner over a 6% return! This duplex is also great for large extended families to live together but in separate units. Each unit has a separate electric and gas meter. Included are 2 reserved parking spaces inside a gated garage with a private laundry area. This turnkey property is conveniently located, steps away from Downtown LA, Silver Lake, Chinatown, and Dodger Stadium!
|Number of Units||2|
|Status||Active Under Contract|
|Listing Agent||John Man|
|Listing Agent BRE #||01388408|
|Co-Listing Agent||MORGAN KWONG|
|Co-Listing Agent BRE #||01799887|
|Features||Balcony,Dry Bar,Granite Counters,Living Room Balcony,Open Floor Plan,Unfurnished|
|Appliances||Gas Stove,Gas Water Heater,Range/Stove Hood,Water Heater Unit|
|Parking||Assigned,Covered Parking,Garage Door Opener,Gated,Off Street,Parking Space,Side by Side|
Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, August 16, 2018.
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