Start your real estate empire with this great starter 2 on a lot investment opportunity in centrally located East Los Angeles, where an excellent investment opportunity awaits the smart buyer. This property boasts many upgrades presenting a unique chance to live in one home while renting out the other, providing both a place to call home and a steady rental income-start building equity and cash flow now. Don't forget, there are still tax advantages to owning income property. Situated amidst a blend of single-family and duplex homes, this property stands out with its two separate homes on a single lot. The front single-level home boasts a comfortable layout featuring 3 bedrooms, 2 bathrooms, a kitchen with granite counters, indoor laundry and a two-car carport! Adding to the property's appeal, the rear unit offers 2 bedrooms, 1 bathroom, and a kitchen with granite counters and a separate garage with laundry hookups. Ample privacy for both units with separate fenced yards AND a corner lot with more parking opportunities for tenants and guests. Moreover, this property's location is a definite plus, it enjoys close proximity to the 710/60/5 freeways and 1 mile from the Gold Line stop, making commuting and traveling a breeze. Schools, shopping centers, markets, and public transportation options are all conveniently nearby, providing easy access to essential amenities and services. With a touch of sweat equity and some thoughtful renovations, this property holds tremendous potential for its next owner, and yes, there is a serious upside with rent too! Whether you're an investor seeking a reliable rental income or a homeowner looking for an opportunity to live comfortably while earning extra income, these two units offer the best of both worlds. Don't miss out on this chance to acquire a versatile property with great potential in a well-connected and vibrant neighborhood. Take advantage of this priced right opportunity and make your first (or next) investment move today!
Sold for $735,000 on 01/19/24
Listing Provided by:
Frederick Van Allen DRE #00553496 714-974-9191,
First Team Real Estate
Bought with: REALTY ONE GROUP WEST
$735,000
966 S Duncan Ave, Los Angeles, CA 90022
5beds
1,793sqft
Duplex
Built in 1922
5,467 Square Feet Lot
$855,100 Zestimate®
$410/sqft
$4,873 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 21, 2024 at 03:45pm
Listing Provided by:
Frederick Van Allen DRE #00553496 714-974-9191,
First Team Real Estate
Bought with:
Andrea Ayers, DRE #01813074
REALTY ONE GROUP WEST
Source: CRMLS,MLS#: PW23174788
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 5
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage
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: 1,793 sqft
Property
Parking
- Total spaces: 3
- Parking features: Carport, Door-Single, Garage
- Garage spaces: 1
- Carport spaces: 2
- Covered spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: Front of property
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 5,467 sqft
- Features: Back Yard, Corner Lot, Front Yard
Details
- Parcel number: 5246006018
- Zoning: LCR4*
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Street Lights, Suburban
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,FHA
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Estimated market value
$855,100