$ 999,000
-
$999,000
Price -
6
Bed -
2
Bath -
1,872
SqFt
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About the Listing CLW-X78945 - CLW-C144601,CLW-C101105
Welcome to a premier investment opportunity in the heart of Los Angeles, boasting an impressive 7.2% Cap Rate. This turn-key duplex is fully occupied and performing, featuring two spacious units each with 3 bedrooms and 1 bathroom. The property has undergone extensive updates over the last few years, ensuring a low-maintenance, tenant-ready experience from day one. All tenants are paying their utilities, so less expenses! Massive "forced appreciation" potential exists at the rear, where a long driveway leads to a garage and a ~600 sq. ft. legal storage room primed for conversion into a comfortable 1-bedroom ADU. With an additional 17 feet of driveway approach, there is room to expand the footprint into a 2 or 3-bedroom unit, or even build a second ADU above (buyer to verify). With the potential to collect almost $10,000 in monthly gross rent, this is a powerhouse addition to any portfolio. Call the listing agent or see private remarks for more details.
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 2 Full
- Appliances: Disposal
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s)
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 6
- Zoning: LAR1
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Door-Multi,Garage,Paved
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6052024033
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
312 E 92nd St Los Angeles, CA 90003
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