An absolutely perfect duplex property featuring 3 bedrooms and 1 bath in each unit, ideal for a long-term investment plan with a 5.93% cap rate. This is a great income property with minimal upkeep costs expected for years to come, making for easy management! One unit can be occupied by the owner or rented out for $3,000. Each units are spacious and come with a detached garage at the back. This opportunity won’t last long! Request an Offering Memorandum for a detailed financial analysis. Call for more information.
Property Details
Price:
$1,799,000
MLS #:
PW24209419
Status:
Active
Baths:
0
Address:
2861 San Marino Street
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Oct 10, 2024
State:
CA
ZIP:
90006
Lot Size:
6,752 sqft / 0.16 acres (approx)
Year Built:
1909
Schools
Interior
Accessibility Features
None
Appliances
Gas Oven, Gas Range
Cooling
Wall/ Window Unit(s)
Fireplace Features
Living Room, Masonry
Flooring
Tile, Wood
Heating
Wall Furnace
Interior Features
Granite Counters
Window Features
Roller Shields, Screens
Exterior
Community Features
Gutters, Sidewalks, Street Lights
Electric
Standard
Fencing
Wrought Iron
Foundation Details
Slab
Garage Spaces
4.00
Lot Features
2-5 Units/ Acre, Rectangular Lot, No Landscaping, Paved, Walkstreet
Parking Features
Garage, Garage Faces Rear, Garage – Single Door, Gated, On Site
Parking Spots
4.00
Pool Features
None
Roof
Clay
Security Features
Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer, Sewer Paid
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
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Courtesy of Newcastle Realty, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 2861 San Marino Street
Los Angeles, CA
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