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$1,299,000
Est. payment /mo
3 Beds
2 Baths
7,004 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26005251
Bedrooms 3
Lot Size 7,004 Sqft
Lot Dimensions 50X140.64
Property Sub-Type Res Income 2-4 Units
Property Description
Offered for the first time in approximately 60 years, this exceptional duplex presents a rare opportunity to acquire a true legacy property held by the same family for generations. Situated on an oversized lot, the property combines long-term investment stability with immediate upside and enduring charm. One unit is delivered vacant and is a 2-bedroom, 1-bath residence encompassing approximately 843 square feet. It features hardwood-style laminate flooring, a newly remodeled bathroom with tub, and a charming dining nook accented by a curved window, creating a bright and inviting living space that is highly appealing to both owner-users and tenants. The property is enhanced by mature landscaping, including a producing orange tree and a stately magnolia tree, offering a private, garden-like setting rarely found in income properties. One unit includes its own laundry hook ups, and both have private garages, amenities that are increasingly scarce and highly valued in comparable multifamily offerings. A standout opportunity for investors or owner-users seeking a character-rich, well-maintained asset with upside potential in a prime location.
Location
State CA
County Los Angeles
Zoning Appraiser
Direction Ocean Park to 14th Street.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 4285004006
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Jane Sager Estate Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "