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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

    List your home for rent

    $4,873/mo

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    $4,873/mo

    Rent Zestimate®

    Refinance and save

    $4,490/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $4,490/mo

    Est. payment

    What's special

    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!

    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#: PW23174788MLS LogoOriginating 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