246 E 80TH Street

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Great opportunity for a small investor or an owner occupant. Built in 2005, this duplex has a unique unit mix of two larger four bedroom apartments with two bathrooms each. Units are vacant and new owner can set them at whatever the market will bear. Because the units are relatively new, the expenses are low with separate meters for gas and electricity and separate hot water heaters. There is NO rent control. Units just passed Code Enforcement Inspection. Also, both units contain coin operated laundry machines which are not in use but can provide additional income of approximately $100 per month. Recently, there has been over $32,000 in Capital Improvements at the property including one renovated unit, drought resistant landscaping, two water heaters a gate and the entire building was freshly painted. Offers to be made subject to inspection. Subject to cancellation of current escrow.
246 E 80TH Street, Los Angeles, CA 90003 | Residential Income | Active Under Contract | 2690 SF | 4804 SF Lot | Built 2005 | 1 Stories | MLS# 17271722

Offered at $625,000

Features

Pool: No | Colling : None

Meet an expert

Troy Palmquist
Agent | CalBRE# 01772139

805.409.3662

Based on information from California Regional Multiple Listing Service, Inc. as of June 19, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
Jerome McAlpin, McAlpin & Company, Source: Local MLS