933 New Depot Street

  • Los Angeles

  • $649,000
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Residential Income Details

Description
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!
Essential
MLS #AR18088591
Price$649,000
Number of Units2
Sale TypeStandard
Sub-TypeDuplex
StatusActive Under Contract
Listing BrokerageManRealty.com
Listing AgentJohn Man
Listing Agent BRE #01388408
Co-Listing AgentMORGAN KWONG
Co-Listing Agent BRE #01799887
Interior
FeaturesBalcony,Dry Bar,Granite Counters,Living Room Balcony,Open Floor Plan,Unfurnished
FloorLaminate
AppliancesGas Stove,Gas Water Heater,Range/Stove Hood,Water Heater Unit
CoolingCentral
HeatingCentral Furnace
FireplaceNone
Exterior
ParkingAssigned,Covered Parking,Garage Door Opener,Gated,Off Street,Parking Space,Side by Side
Garage Spaces2
ViewCity Lights,Panoramic
PoolNone
Community
AreaCHNA - Chinatown
CommunitySidewalks
Address933 New Depot Street
CityLos Angeles
CountyLos Angeles
StateCA
ZipCode90012
School

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Based on information from California Regional Multiple Listing Service, Inc. as of Thursday, August 16, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.