$1,050,000
$1,149,999
8.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
4 Baths
2,500 SqFt
SOLD DATE : 01/16/2025
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $420
MLS Listing ID SR24215949
Sold Date 01/16/25
Bedrooms 5
Full Baths 3
Three Quarter Bath 1
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1948
Lot Size 8,250 Sqft
Property Description
Buyer's Loss, Your Gain!
Welcome to this exceptional investment opportunity in Ladera Heights, featuring a beautifully designed mid-century modern duplex with two spacious units, along with a bonus single unit. Here's what makes this property a must-see:
Architectural Charm
The mid-century modern design showcases high ceilings and abundant natural light, creating a bright, airy, and welcoming atmosphere in both units.
Spacious Layout
One unit offers two bedrooms and one bath, and Another Unit with Two Bedrooms and two bath provides comfortable living spaces. The front unit has been recently remodeled, featuring updated floors, fresh paint, and modern finishes, while the second unit presents an exciting opportunity for renovation to increase its value further.
Leased Units
The front 2-bedroom unit is currently leased for $2,650, generating immediate rental income. Additionally, the bonus single unit in the back is leased for $1,300, boosting the financial appeal of this investment.
Parking Convenience
One unit has its own private two-car garage, offering secure parking and storage. Additional parking is available for residents and guests.
Prime Location
Situated just minutes from major attractions such as SoFi Stadium, The Forum, Hollywood Park development, Fox Hills Mall, and the beaches of Los Angeles, this property is also close to Culver City. Enjoy easy access to LAX, local dining, shopping, and the Crenshaw/LAX Metro Line, making it ideal for commuters.
This property combines strong investment potential with established rental income in a highly desirable neighborhood. Don't miss out on this fantastic opportunity! Subject to cancellation of previous escrow, it's ready for you to make it yours
Location
State CA
County Los Angeles
Area 103 - Ladera Heights
Zoning LCR2YY
Rooms
Main Level Bedrooms 5
Interior
Interior Features Pantry, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Heating Central, Floor Furnace
Cooling Central Air, See Remarks, Wall/Window Unit(s)
Flooring Laminate, Tile
Fireplaces Type Living Room, Primary Bedroom, Outside, See Remarks
Fireplace Yes
Appliance 6 Burner Stove, Built-In Range, Dishwasher, Gas Water Heater, Water Heater
Laundry Laundry Room
Exterior
Exterior Feature Rain Gutters
Parking Features Concrete, Driveway, Garage
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks, Urban
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected
View Y/N No
View None
Accessibility Customized Wheelchair Accessible, Safe Emergency Egress from Home, Parking, See Remarks
Porch Concrete
Attached Garage No
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Mid-Century Modern
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 4002004011
Acceptable Financing Contract
Listing Terms Contract
Financing Contract
Special Listing Condition Standard
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Bought with Ajith Puthanpurayil • LAX Realty, Inc.