$ 875,000
-
$875,000
Price -
0
Bed -
0
Bath -
2,340
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing CLW-V2000460 - CLW-C129751
Rare Duplex Opportunity with Both Units Delivered Vacant. This is a unique chance to choose your own tenants at market rent or move in with extended family. The property features substantial rental income potential and no rent control. Both units will be delivered vacant, which is incredibly rare in Los Angeles due to local rent control laws and just cause evictions. Potential rental income is $7,500 per month at $3,750 per unit. The estimated rent exceeds the mortgage payment by almost $2,000, with 25% down. Boasting an exceptional Gross Rent Multiplier of just 9.7, which is well below the area average of about 16, this deal offers incredible value. Both units are newly remodeled with fresh paint, laminate wood flooring, quartz countertops, and dedicated in-unit washer-and-dryer hookups. Parking is easy with four spaces total, featuring two tandem spots per unit. Enjoy low maintenance overhead thanks to excellent unit separation, limited common areas, separate gas and electric meters, and newer construction built to modern building codes. Prospective buyers are advised to verify all information, including financing terms and the property's non-rent-control RSO status. The property is sold as is. Some photos are virtually staged.
Listing Highlights
Status
Active
Days on Site
5
Property Type
Multi-Family
MLS ®
26838969
Year Built
2004
Total Square Footage
2,340
Lot/Acreage
0.06
County
Los Angeles
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances: Gas Cooktop
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor: Carpet,Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Open Floorplan
- Water:
Exterior Details
- Lot Description: Back Yard,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: LAC2
- Roof: Composition,Shingle
- Others: Updated/Remodeled,Stucco,2+ Total Units
- Sewer: Other
- Parking Features: Driveway,Garage,Side By Side,Tandem
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6041001027
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
8624 S Main St Los Angeles, CA 90003
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
