834 E 33rd Street, Los Angeles, CA 90011

$874,000

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Listing courtesy of Listing Agent: Mazdak Sarehkhani (MSarehkhani@gmail.com) from Listing Office: Mazdak Sarehkhani.

List Price
$874,000
Status
ACTIVE
Days on Market
296
Price Change
▼ $1,000 1783753143
MLS#
SR25241079
Subtype
Residential Income
Year Built
1908
Lot Size
5,269
Acres
0.12
MLS Area Major
Not Defined (699)

Property Description

$77,100 in rental income per year/ $6,425 per month. 3/2 bedroom/ bath is getting $3200 rental income while the 2/1 bedroom/ bath unit is occupied by a longterm and fantastic section 8 tenant who pays $3225/ month and this rent will continue as long as they live there and the owner may increase it 3% every year. Tenants are due for a rent increase! The property has a HUGE BACK YARD- 6-8 parkings spots and room for a 2 story ADU to add extra future value (SEE PICS OF THE NEIGBORS ADU NEXT DOOR). Subject property is in a great a FANTASTIC condition, in the most desirable location in this area, and on a great street with many updated and custom made homes. No to mention, great section 8 rental income and tenants and easy to rent the 3 bedroom as well. Seller decided to leave it vacant just in case a buyer want to obtain an FHA loan or wants to live in it themselves, So SUBMIT YOUR OFFER TODAY and make this your dream home!

Additional Information

Zoning
LARD2
Heating
Central
Air Conditioning
Yes
Stories
One Level
Levels
One
Pool Type
None

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.