Los Angeles, CA 90044,725 W 83rd St
Los Angeles, CA 90044,725 W 83rd St
Los Angeles, CA 90044,725 W 83rd St
21
$750,000
$695,000
7.9%
Est.Price: ?

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5 BD
2 BA
1,963 SqFt

725 W 83rd St Los Angeles, CA 90044

Est. payment /mo
SOLD DATE : 07/16/2024

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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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TheMLS (CLAW)
Listed by Christie's AKG
Bought with First Choice Funding & Realty

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Asianna Joyce

Asianna Joyce

Agent | License ID: 02204089

+1(310) 717-8030

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