**Fantastic Investment Opportunity! Duplex with Potential - $500,000**
Probate Sell, Sold-As-Is WITH TENANTS IN PLACE, NO showings. Write offers subject two inspections.
Welcome to this incredible investment property that offers endless potential for the savvy investor! Located in a highly desirable area, this duplex presents a unique chance to add value and maximize returns. The listing price of $500,000 ensures you can seize the opportunity to own this property and capitalize on the thriving real estate market in the area.
- Type: Duplex Sec. 8 Rents
- Front House: 3 bedrooms, 1.5 bathrooms Rent $1,300
- Back House: 3 bedrooms, 1 bathroom Rent $1,200
**Investor's Dream:**
This duplex property is perfect for an investor buyer looking to make a smart investment. The property needs a full rehab, which allows you to unleash your creativity and design your ideal income-generating property. With a little TLC, you can transform this duplex into a highly desirable rental or even consider living in one unit while renting out the other to supplement your mortgage payments.
**Prime Location:**
The location of this duplex is simply unbeatable. Situated in a sought-after neighborhood with a strong housing market, it offers excellent potential for appreciation. Homes in the area are currently listed for sale at $900,000, highlighting the tremendous opportunity for future gains.
**Endless Possibilities:**
With both units featuring 3 bedrooms, these spacious living spaces have the potential to attract a diverse range of tenants. Whether you decide to renovate and modernize the interiors or maintain the charm of the existing layout, the flexibility is all yours.
Take advantage of this rare chance to secure a duplex with tremendous investment potential. Opportunities like this don't come around often, so act quickly to make this property yours and start unlocking its value.
*Please note that the information provided here is for marketing purposes only and is subject to change. Buyers are advised to conduct their own due diligence before making any purchasing decisions.*
Sold for $550,000 on 04/12/24
Listing Provided by:
Malika Boudreaux DRE #02001051 909-287-2222,
Coldwell Banker Top Team
Bought with: Realty Brokerage Group Inc
$550,000
221 W 42nd St, Los Angeles, CA 90037
4beds
2,257sqft
Duplex
Built in 1908
4,840 Square Feet Lot
$728,600 Zestimate®
$244/sqft
$4,049 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 12, 2024 at 07:03am
Listing Provided by:
Malika Boudreaux DRE #02001051 909-287-2222,
Coldwell Banker Top Team
Bought with:
Jay Dharmasuriya, DRE #00815366
Realty Brokerage Group Inc
Source: CRMLS,MLS#: TR23141731
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 6
Cooling
- None
Appliances
- Laundry: None
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,257 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 4,840 sqft
- Features: Back Yard
Details
- Parcel number: 5111018017
- Zoning: LARD2
- Special conditions: Third Party Approval,Probate Listing
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1908
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Court Approval
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Estimated market value
$728,600