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    1852 S La Brea Ave

    Los Angeles, CA 90019
    • $1,050,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: 21-756832
    UPDATED: 45 min ago
    $1,050,000
    • 4
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,176
      SQFT
    • $483
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    Description

    We are pleased to present for sale a beautiful duplex located in the highly desirable Mid-City neighborhood of Los Angeles! Both units are 2 bedroom/1 bath with floorplans that average over 1,000 square feet each. One of the two units will be delivered vacant at the close of escrow. Excellent owner user opportunity! Live in one and rent the other for excellent income, about 20% upside in rents! New wrought iron fence, electric garage doors, new double pane windows. Each unit is individually metered gas & electricity. Property is situated on a 6,361 sqft lot (plus an alley!) and is zoned LAR3, TOC Tier 3, meaning a developer can build 7 units by right or up to 14 units utilizing TOC incentives. Property is also located within a qualified Opportunity Zone, which may provide increased tax incentives. The possibilities with this property are endless! Live in one & rent the other, rent both units for income, or build NEW Construction. Do not wait for this opportunity to pass! Property to be sold As-Is. Contact listing agent (cell phone) for more details. Do not disturb tenant.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-04T07:42:26.503. 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.
    www.brandiprattrealestate.com/homes/119014954
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    1852 S La Brea Ave Los Angeles, CA 90019

    • Price: $1,050,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: 21-756832
    4
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,176
    SQFT
    $483
    $/SQFT
    1922
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    We are pleased to present for sale a beautiful duplex located in the highly desirable Mid-City neighborhood of Los Angeles! Both units are 2 bedroom/1 bath with floorplans that average over 1,000 square feet each. One of the two units will be delivered vacant at the close of escrow. Excellent owner user opportunity! Live in one and rent the other for excellent income, about 20% upside in rents! New wrought iron fence, electric garage doors, new double pane windows. Each unit is individually metered gas & electricity. Property is situated on a 6,361 sqft lot (plus an alley!) and is zoned LAR3, TOC Tier 3, meaning a developer can build 7 units by right or up to 14 units utilizing TOC incentives. Property is also located within a qualified Opportunity Zone, which may provide increased tax incentives. The possibilities with this property are endless! Live in one & rent the other, rent both units for income, or build NEW Construction. Do not wait for this opportunity to pass! Property to be sold As-Is. Contact listing agent (cell phone) for more details. Do not disturb tenant.
    Exterior Features

    Lot Size Area 6361 Other Structures None Parking Garage Other Total Parking 0

    Interior Features

    Baths Total 2.00 Cooling Other Equipment Other Heating Other

    Property Features

    Assessed Total Value 424894 Gross Income 49596 Gross Operating Income 49596 Like Units1 1 Like Units2 1 Net Operating Income 37698.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 11898 Type Of Units Income Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Daniel Shamooelian DRE#01984269 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-04T07:42:26.503. 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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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583