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ZIP CODE 90061

$789,000
6 Beds 4 Baths ACTIVE Status
Vacant front unit, waiting for owner-occupant looking for a generous investment and an excellent alternative to rent. With the rent from the rear unit ($1,970), it almost costs the same to own as to rent (potential rent for vacant unit = $3,200 / Total: $5,170). In 2004, the front unit was built new, and 30% of the rear unit's square feet were also built during the same year. With most houses in Los Angeles being constructed in the 30s and 50s, this property is young and built to more effective building standards. Also unique, the front unit has a spacious tile-covered 2-car garage, and the rear unit has its own one-car garage. Both have washer and dryer hookups. The ample driveway and front pavement mean plenty of parking beyond the garage space, a luxury in Los Angeles. Both units have separate addresses and electrical and gas meters. The front unit is newly remodeled. New paint, luxury vinyl plank floors, doors, vanities, fixtures, stove, microwave, and more were added. And as is recommended but hardly ever done due to the high expense, this property is newly fumigated and cleared of termites and other pests. Termite clearance and warranty are available for the new owners. This property is ready for a primary owner or investor looking for a move-in opportunity in a residential area where the median price for single-family homes has increased by over 260% in the past ten years, way above average for Los Angeles.

227 E 110th St, Los Angeles

Courtesy of , Joel Daniel Rangel - CA DRE#

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