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.
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
Owner options
What's special
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#: SB24105059
Originating 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