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Listed by Jessiqa Pace • Compass
$1,250,000
Est. payment /mo
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,722 sqft
Price per Sqft $725
MLS Listing ID CRPV25024802
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1915
Lot Size 7,500 Sqft
Property Sub-Type Duplex
Property Description
VACANT DUPLEX ON HUGE LOT This duplex is turnkey, vacant and located Mid-Wilshire/Silverlake Adjacent. Gated property with two units, 5 bedrooms and four bathrooms, two laundry rooms, two aircon units, solar panels owned by the property outright and over 10 parking spots on the property. It's on a HUGE lot with 7500 square feet of exterior space and is zoned for commercial/residential-MR1 zoning. You can also build two more ADU's on this lot under current zoning laws. This is the best investment opportunity in town, perfect for a primary residence with rental income. But wait, there's more...this property has an assumable FHA loan with an interest rate of 3.25%. It also qualifies for a $50k grant toward the down payment if you work with City National Bank and it qualifies for a $7500 grant toward closing costs through Chase Bank. There are no other investment properties like this on the market. Did I mention it's vacant on a huge lot? Reach out for more information about rental income opportunities. This lot is like no other on the market. Don't wait on this one. It's going off the market very soon.
Location
State CA
County Los Angeles
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplace No
Laundry Gas Dryer Hookup, Laundry Room, Other
Exterior
View None
Building
Lot Description Level, Other, Front Yard, Paved
Water Public
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