REGULAR SALE!!! SELLERS REALLY MOTIVATED, THEY WILL ENTERTAIN ANY REASONABLE OFFER...Originally 1 bed, 1 bath each unit, permitted 3 bed, 1 bath addition built at the rear of property, THIS PROPERTY CAN BE USED AS 3 UNITS DWELLING, DUPLEX WITH ALLOWED R3 OCCUPANCY(UP TO THREE SEPARATE FAMILIES CAN LEGALLY OCCUPY THIS PROPERTY), BY CITY HOUSING RULES ONLY OWNER CAN LIVE IN ADDITION AND ONLY THE FRONT UNITS CAN BE RENTED OUT, vacant addition attached to west side unit, alley access and rear parking as well; Sellers recently replaced most of the plumbing(copper) and drain lines, one of the units have new granite counter tops. LONG TERM REALLY GOOD TENANTS, LIVE IN THE BACK ADDITION AND PAY THE MORTGAGE WITH THE RENTS COLLECTED FROM THE FRONT UNITS, TAKE ADVANTAGE OF LOW DOWNPAYMENT GOVERMENT PROGRAMS, SELLERS COULD AGREE ON VACATE ONE OR TWO UNITS AT CLOSING...
Sold for $483,000 on 01/18/24
Street View
$483,000
700 E Vernon Ave, Los Angeles, CA 90011
--beds
2baths
2,100sqft
MultiFamily
Built in 1909
-- sqft lot
$698,000 Zestimate®
$230/sqft
$3,328 Estimated rent
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Estimated market value
$698,000