Great investment opportunity! This nearly half-acre corner lot features two houses and offers great potential for expansion. You could subdivide the property and/or add more structures. The property is already generating impressive cash flow and stands out due to access, corner lot, lot shape and size. It is perfect for… Read More investors as well as owner users who want to expand their budget and live in one of the homes while using the income from the ADU to help with the qualification for a loan. The detached 3-bed/2 bath ADU was newly built in 2019. You can live in one and rent out the other, or rent out both and collect double the rental income. Total current income $7,450. There maybe a potential to build a total of 4 more units and/or go through the SB9 lot split process to divide the property into two. The property is conveniently located within walking distance to schools and dining, with easy access to the 405 freeway. Buyers should verify all information independently and not rely on the information on the MLS. The ADU is generating $3500 and the house $3950. Read Less
Property listed by Privilege Realty, Ashkan Manzar 310-717-3936
Listing Snapshot
Days Online
91
Last Updated
Property Type
Single Family Residence
Beds
7
Full Baths
4
Square Ft.
3,045
Lot Size
0.48 Acres
Year Built
1950
MLS Number
24428211
30 Days Snapshot Of 91343
$772k
-7%
(avg) sold price
14
-22%
homes sold
77
-13%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1950, Building area total: 3,045, Levels: One, Living area: 3045, 1 story, Architectural style: Traditional, Common walls: NoCommonWalls
Cooling
CentralAir
Fireplaces
None
Floors
Tile
Heating
Central
Lot
0.4759 acres, 20,731 square feet, Size: 20,731
Parking
2 totals parking
Pool
None
Property
Zoning: LARS, None
Spa
None
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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