Discover this fantastic investment opportunity with two detached units in a prime rental neighborhood of Los Angeles. The front unit offers a cozy 2 bedrooms and 1 bathroom, while the back unit provides a comfortable 1 bedroom and 1 bathroom. Tenants benefit from ample parking and convenient laundry hookups. Tenants cover their own electricity and gas, & water. Despite excellent property management by the owner, rental rates have remained conservative, presenting the next owner with incredible potential for increased income. Perfectly located just minutes from transportation, freeways, restaurants, shopping, and much more
Sold for $740,000 on 08/07/24
Listing Provided by:
Jerry Mercado DRE #02112259 626-205-8539,
Realty Executives Com. & Res.
$740,000
623 S McDonnell Ave, East Los Angeles, CA 90022
--beds
--baths
1,576sqft
Duplex
Built in 1927
-- sqft lot
$729,200 Zestimate®
$470/sqft
$3,437 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 04, 2024 at 06:34pm
Listing Provided by:
Jerry Mercado DRE #02112259 626-205-8539,
Realty Executives Com. & Res.
Bought with:
Fulvia Garcia, DRE #01837612
Century 21 LOTUS
Source: CRMLS,MLS#: DW24121394
Originating MLS: California Regional MLS

Facts & features
Interior
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,576
- Total interior livable area: 1,576 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 6,796 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5247015030
- Zoning: LCR2YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Urban
Location
- Region: East Los Angeles
Other
Other facts
- Listing terms: Conventional,1031 Exchange,FHA
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$729,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$729,200