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725 W 83rd St Los Angeles, CA 90044
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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,963 sqft
Price per Sqft $382
MLS Listing ID 24-377244
Sold Date 07/16/24
Bedrooms 5
Year Built 1921
Lot Size 6,001 Sqft
Acres 0.1378
Property Sub-Type Multi-Family
Property Description
Introducing a remarkable investment opportunity! This meticulously maintained duplex features two spacious 3-bedroom, 2-bathroom units, providing versatile living spaces for residents. Nestled within a gated property, the front and back units share only one common wall, ensuring privacy and tranquility for both occupants. The front yard is exclusively dedicated to the front house, while ample parking is available at the back, enhancing convenience for residents. The back unit, constructed in 2005, boasts modern amenities such as new wood-like vinyl floors, a separate kitchen, and ample closet space. Meanwhile, the front unit offers an open floor plan, covered front and back porches, and laundry hookups. Whether you're seeking to generate rental income or live in one unit while renting out the other, this duplex presents endless possibilities for financial growth and investment. Zoned R3, there's potential for further development, including the option to build multi-unit structures. This presents a compelling opportunity for investors looking to maximize their returns and expand their portfolio in a thriving rental market. Located in a desirable area with strong rental demand, this property promises lucrative returns. Offer subject to inspection, drive-by only. PLEASE DO NOT APPROACH THE TENANTS.
Location
State CA
County Los Angeles
Area Metropolitan Southwest
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Natural Gas
Cooling None
Equipment Refrigerator
Exterior
Parking Features Carport
Garage Spaces 2.0
Building
Story 1
Level or Stories One
Others
Special Listing Condition Standard
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Bought with First Choice Funding & Realty
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