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Sold for $1,116,100 on 07/09/24
  • Listing Provided by: 

    Michelle Velasco DRE #01824020 michellevelasco@kw.com,

    Keller Williams Palos Verdes

    Bought with: First Team Real Estate
    $1,116,100

    3309 Falcon Ave, Signal Hill, CA 90755

    4beds
    3baths
    2,192sqft
    Duplex
    Built in 1920
    -- sqft lot
    $1,096,100 Zestimate®
    $509/sqft
    $3,073 Estimated rent

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    $3,073/mo

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    $3,073/mo

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    $6,916/mo

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    $6,916/mo

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    What's special

    Opportunity knocks with this rare duplex, featuring TWO separate houses on a single lot with exciting potential for additional upside opportunities. With both units already having extra rooms and space, the possibilities are endless for someone seeking to maximize this amazing property to its highest and best use. The front unit is a charming 1920's Craftsman with original hardwood floors and a lovely front porch overlooking the picturesque tree-lined street. A new roof was installed on the front unit in 2021. The home is pleasantly larger than the average two-bedroom, full bath, house. Stepping inside, there's a spacious living room and dining area with a built-in bookcase, ceiling fan, and an infusion of natural light from the plethora of windows. For future buyers delight there is also another dining room with a wall of windows and a door leading to a side patio. Past the kitchen, there’s even more space with a large bonus/laundry/utility room and a door that leads to the backyard. The rear unit, built in the early 2000s, has 2 bedrooms and 1 ¾ baths. This units has a lovely layout and boasts a larger primary bedroom, featuring plantation shutters. The rear unit is located above two double car garages. Additionally, downstairs, there are smaller bonus rooms consisting of a storage area beyond the garages, a laundry room, as well as an owner’s storage unit area. Please see the floor plan in the photos for more details. This terrific property is perfect for investors or homeowners who are looking for something that is already generating income while potentially taking advantage of the tremendous revenue generating upside. Future homeowners could also live in one unit with the other already rented! It has the benefits of being in Signal Hill and is just a block from the historic California Heights Neighborhood. With easy access to the freeways, Bixby Knolls, Costco, Home Depot, Target, and a ton of restaurants nearby, the location could not be better. Come on by, take a look, see if this is the place you’ve been looking for.

    Zillow last checked: 8 hours ago

    Listing updated: July 10, 2024 at 09:12am

    Listing Provided by:

    Michelle Velasco DRE #01824020 michellevelasco@kw.com,

    Keller Williams Palos Verdes

    Bought with:

    Kate Olivas, DRE #01911995

    First Team Real Estate

    Source: CRMLS,MLS#: SB24105059MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Primary bedroom
    • Features: Main Level Primary
    Primary bedroom
    • Features: Multiple Primary Suites
    Bedroom
    • Features: Bedroom on Main Level
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Natural Gas, Wall Furnace
    Cooling
    • None
    Appliances
    • Included: Disposal, Water Heater
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Tile Counters, Bedroom on Main Level, Main Level Primary, Multiple Primary Suites, Walk-In Closet(s)
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,192
    • Total interior livable area: 2,192 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Door-Multi, Garage, No Driveway, Off Street
    • Garage spaces: 4
    Accessibility
    • Accessibility features: See Remarks
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front & Rear
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 5,744 sqft
    • Features: 0-1 Unit/Acre, Back Yard, Front Yard
    Details
    • Parcel number: 7148018035
    • Zoning: SHR2*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1920

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Signal Hill
    • Subdivision: Signal Hill (Sh)

    Other

    Other facts
    • Listing terms: Cash to New Loan
    • Road surface type: Alley Paved, Paved
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    Estimated market value
    $1,096,100