Description
This is an outstanding investment opportunity in a prime location! situated on a massive 17,000+ sqft lot, this property features two detached units, each offering a 2-bedroom, 1-bathroom layout that is perfect for long-term rental income.
both units are in excellent condition with recent updates, including modern laminated flooring, updated kitchens, and bathrooms. currently, each unit generates a solid monthly income of $2,200, providing a reliable cash flow for investors. the units are spacious, well-maintained, and move-in ready, making them attractive to quality tenants. the property boasts a long, expansive driveway that can comfortably accommodate more than 7 vehicles, which is a rare feature in this area. this ensures ample parking space for tenants or guests and adds to the property's value. additionally, the lot includes 3 storage units located at the rear of the property. these units are currently being used as living spaces by tenants but will be vacant and restored to their original storage-use status prior to the close of escrow. these storage units provide further potential for rental income down the road, either as additional storage or possibly even converted into more rental units (subject to zoning and permits). the expansive lot provides ample room for future development, expansion, or creative use, offering endless possibilities for the discerning investor. whether you're looking for steady rental income from the two units or potential future growth from the large lot and storage units, this property represents a fantastic opportunity with substantial upside. don't miss out on this rare find!
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
47583577
Sell a home like this and save $61,001 Find Out How
Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
-
Exterior Features
Building Information
- Year Built: 1962
- Building Area Total: 1,960
Pool Features
- None
Laundry Features
- Laundry Room
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.4039
- Lot Size Source: Assessor
- Lot Size Square Feet: 17593
-
Listing Information
Listing Price Information
- Original List Price: 1,025,000
- Listing Contract Date: 2024-11-05
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 8031030021
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Driveway
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: All Utilities
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 670 - Whittier
- Postal Code Plus 4: 3009
- Directions: Cross streets: Valley View & Leffingwell Rd
- Zoning: LCA1*
- Source Property Type: Residential Income
- Area: 670 - Whittier
- Property SubType: Duplex
Building and Construction
- Property Age: 62
- Common Walls: No Common Walls
- Structure Type: Duplex
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: front door
Statistics Bottom Ads 2
Sidebar Ads 1
Learn More about this Property
Sidebar Ads 2
Sidebar Ads 2
Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
BuyOwner last updated this listing 11/21/2024 @ 18:53
- MLS: PW24229029
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is for sale, it has 1,960 sqft, 17,593 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Whittier , in zip code 90604, this Los Angeles County Home are nearby neighborhoods.