Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

1,981 sqft

Lot size

6,285 sqft

Year built

1905

Stories

1

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

245

MLS #

237367052

About this property

This property presents an excellent investment opportunity in one of Los Angeles' centrally located and well-connected neighborhoods. Situated just minutes from Downtown Los Angeles and Koreatown, with easy access to major thoroughfares, public transportation, dining, and retail.The duplex will be delivered fully vacant, allowing the new owner to apply current market rental rates. The property features two newly renovated units located near the southwest of Vermont Ave and Pico Blvd.Unit 1 (Front Unit) offers 3 bedrooms and 2 bathrooms with an open floor plan, hardwood flooring throughout, a spacious living area, and a modern kitchen with matching stainless steel appliances. The expansive L-shaped kitchen includes granite countertops, dual sinks, contemporary wood cabinetry, and a stylish breakfast bar. Bathrooms feature granite vanity tops with matching backsplashes. This unit also includes a dedicated laundry room with access to the backyard.Unit 2 (Rear Unit) features 1 bedroom and 1 full bathroom, with laminated wood flooring in the living room and kitchen. The modern kitchen is equipped with quartz countertops, dual sinks, and opens to a den that can be used as an additional bedroom or entertainment space.The paved driveway and concrete backyard accommodate multiple vehicles, and the property includes rear alley access for added convenience.A must-see opportunity for investors seeking a high-income rental property. Don't miss this exceptional duplex.

Location

1409 S New Hampshire Avenue

Los Angeles, Los Angeles, CA, 90006