Amazing Remodeled Duplex in South West Los Angeles - Live in One, Rent One, or Rent Both - Reduced to $620,000

Fantastic opportunity to own this newly completed conversion from a single family home to a DUPLEX. Taken down to the studs, reconfigured, remodeled, square footage added, Ready for your new "market rent" tenants, or live in one and rent one out.

This is a wonderful trophy property. One unit has 2 beds and 2 baths, and another unit has 1 bed and 1 bath. There is a detached garage with additional space, and an attached car port. Both the front and back yard have been completely landscaped and the property is fenced and gated. Each unit has beautiful laminate flooring, stone countertops, new stainless steel appliances, custom cabinetry, recessed lighting, new heating, new double pane windows, all new drywall and electric.

This property is Turn-Key. There is a beautiful deck for entertaining in the back with banana trees, a pond and waterfall, and lush grassy area.

All of this, and you are only blocks from USC, Exposition Park, California Science Center, The Coliseum, The Sports Arena, the 110 Freeway and all of Downtown LA is just minutes from this location. Plenty of Shopping and Public Transportation within walking distance.

Facts and Features

Type - Multi Family

Year Built - 1921

Parking - 4 spaces

MLS # - 18-349520

Price/sqft  - $483

Interior Features

Bedrooms - 3

Bathrooms - 3

Heating: Wall

Floor size: 1,284 sqft

Flooring: Laminate

Building

Unit count: 2 Units

PropertyType: Residential Income Duplex

Materials

Roof: Asphalt

Dates - Built in 1921

Other Construction Features

Lot: 6,756 sqft

Parcel #: 5020007035

Community and Neighborhood

Carport, 4 spaces

ParkingGarage: Garage - 1 Car, Driveway Gate

Utilities

May 2017 for $387,000

Equipment: Range/Oven, Alarm System

PropertyCondition: 

New Construction, Updated/Remodeled

ListingArea: 

Los Angeles Southwest

Laundry: Outside

SourceLivingArea: 

4-Plex for Sale Easy Walking Distance to the Grove and Farmer's Market

Four Large Two Bedroom/Two Bath Units Close to the Grove  6,261 sqft

Incredible Location in the Beverly Grove area means incredible Opportunity. This jewel is just East of Fairfax and just North of Beverly, around the corner from CBS and The Grove. 

This is one of the largest 4-Plex Properties in the immediate area. All units are 2 bedroom and 2 bath with formal living room, dining room, kitchen with dishwashers, and individual laundry.  

 Original Spanish character is found throughout. Units have been updated at different times and have newer appliances. The roof was replaced approximately 10 years ago according to seller. Mostly copper plumbing, and foundation has been bolted. Detached 4 car garage in the back. 

Owners currently occupying unit #3 (327 N Genesee) and can be delivered vacant after negotiated possession. Interior viewing of units with accepted offer.  

Just released! You can add $10,000 or more to the sale price of your home by following the steps offered in this exciting new book by Whit Prouty. Don't be fooled by the current hot market place. How you plan for the sale of your #1 asset will matter. 
Learn about staging and how to price. Get the latest scoop on what you should spend a few dollars on to make the house ready. Learn why the real estate agent you choose really matters. That and much more in this information packed book. Now on Amazon at http://bit.ly/LARealtor

Details

$2,549,000

Price cut: -$51,000 (6/23)

Official property, sales, and tax information from county (public) records as of 07/2016:

• • Quadruplex (4 units, any combination)
  • 6,261 sqft interior
  • 4 Units
• • 8 Bedrooms
  • Lot Size: 6,375 sqft
  • County: Los Angeles
• • 8 Bathrooms
  • Built In 1931
  • Tax Rate Code Area: 0-067
  
  
  Whit Prouty
  Cal BRE#: 01303275
  Email Me
  (310) 962-6942 mobile