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ZIP CODE 90033

$779,000
4 Beds 2 Baths ACTIVE UNDER CONTRACT Status
Charming, Boyle Heights' primary single-family home and a rear detached ADU-style house that is zoned as a duplex (LARD 1.5)! The move-in-ready front house is 2715 Fairmount St- a 3 BR/1 BA (estimated 1,410 SF +/-) with an EXTRA spacious open-concept kitchen that has been lovingly remodeled with stone countertops, ceramic tile backsplashes, plenty of cabinet storage/ built-in lazy susan accessories, natural skylight over kitchen eating area for family, friends and entertaining. You will also love the large indoor laundry area adjacent to the kitchen! This home also has a central living room area that exits to a covered front porch and an expansive, gated front porch. The primary bedroom is generous with hardwood floors and dual, sliding door closets. There is a secondary bedroom that welcomes your family and guests as it is laid out as two connected and expansive rooms. Another bedroom is a sunny space that is a great place for an office/ den, work, or a creative space for writing, crafting, painting, sewing, etc. The front house is currently vacant. The rear house, 2715-1/2 Fairmount St, is a private 1 BR/1 BA (estimated 470 SF +/-) currently rented to a long-term tenant who shall remain with the sale. Each house has its own electric meter! The property also has TWO side-by-side, one-car garages with rolling garage doors, and additional off-street parking for up to 3 additional cars is available on the yard's apron. The backyard has a bountiful and delicious fig tree and garden space for playtime and pets, With fresh exterior paint and a location near the 5, the 10, Wabash Recreation Center, and Keck Medicine of USC. This home is in a census tract that allows for 1% downpayment financing, a 2% purchase grant, and no private mortgage insurance (PMI) for first-time home buyers. See this one soon!

2715 Fairmount St, Los Angeles

Courtesy of , Conrado Delagarza - CA DRE#

$900,000
9 Beds 5 Baths ACTIVE Status
We are pleased to present for sale this excellent investment opportunity in one of LA's most up and coming locations Boyle Heights! This stunning 1930's investment opportunity is a 100% occupied (4) unit building situated on an expansive lot size of 7,003 SF, boasting a robust unit mix of One (3) Bedroom and (1) Bathroom Unit, Two (2) Bedroom and (1) Bath Unit, and One (2) Bedroom and (1) Bath unit. The investment has a strong day 1 return with an 11.17 GRM, 6.01% Cap Rate, and $225K per unit with immense upside potential and provides original charm with select units having original hardwood flooring, balconies, views of DTLA, and abundant parking at the rear of the lot. The subject property is zoned R3-1-CUGU, in a Tier 3 TOC location with alley access - allowing for up to (8) units by right and (15) units with TOC bonuses for future development (Buyer to Verify Feasibility). An astute investor can immediately add value by building additional units or ADU(s). Strategically located just blocks from the famous retail corridor of Cesar Chavez, and blocks to Keck Hospital of USC and USC Health Sciences Campuses, 2441 Fairmount Street is considered "Very Walkable" with a walk score of (89), where most errands can be accomplished on foot, and an "Excellent Transit" score of (73) where transit is convenient for most trips. Disclosure: Buyer to conduct any/all due diligence including but not limited to the building square footage, lot size, legal bedroom/bathroom count, unit mix, year built, zoning, market rents, and the ability to construct an ADU or additional units. DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY.

2441 Fairmount St, Los Angeles

Courtesy of , Eric Dilanian - CA DRE#

$779,000
4 Beds 2 Baths ACTIVE UNDER CONTRACT Status
Charming, Boyle Heights' primary single-family home and a rear detached ADU-style house that is zoned as a duplex (LARD 1.5)! The move-in-ready front house is 2715 Fairmount St- a 3 BR/1 BA (estimated 1,410 SF +/-) with an EXTRA spacious open-concept kitchen that has been lovingly remodeled with stone countertops, ceramic tile backsplashes, plenty of cabinet storage/ built-in lazy susan accessories, natural skylight over kitchen eating area for family, friends and entertaining. You will also love the large indoor laundry area adjacent to the kitchen! This home also has a central living room area that exits to a covered front porch and an expansive, gated front porch. The primary bedroom is generous with hardwood floors and dual, sliding door closets. There is a secondary bedroom that welcomes your family and guests as it is laid out as two connected and expansive rooms. Another bedroom is a sunny space that is a great place for an office/ den, work, or a creative space for writing, crafting, painting, sewing, etc. The front house is currently vacant. The rear house, 2715-1/2 Fairmount St, is a private 1 BR/1 BA (estimated 470 SF +/-) currently rented to a long-term tenant who shall remain with the sale. Each house has its own electric meter! The property also has TWO side-by-side, one-car garages with rolling garage doors, and additional off-street parking for up to 3 additional cars is available on the yard's apron. The backyard has a bountiful and delicious fig tree and garden space for playtime and pets, With fresh exterior paint and a location near the 5, the 10, Wabash Recreation Center, and Keck Medicine of USC. This home is in a census tract that allows for 1% downpayment financing, a 2% purchase grant, and no private mortgage insurance (PMI) for first-time home buyers. See this one soon

2715 Fairmount St, Los Angeles

Courtesy of , Conrado Delagarza - CA DRE#

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