966 S Duncan Avenue, Los Angeles, CA 90022

$735,000
5
BD
3
BA
1,793
SqFt

List Agent Frederick Van Allen () 909.938.2435 First Team Real Estate; CoList ()

List Price
$735,000
Status
ACTIVE
MLS#
PW23174788
Year Built
1922
Bedrooms
5
Bathrooms
3
Living Sq. Ft
1,793
Lot Size
5,467
Lot Location
Back Yard, Corner Lot, Front Yard
Days on Market
6
Property Type
Single Family Residential
Property Sub Type
Duplex
Stories
One Level

Property Description

Start your real estate empire with this great starter 2 on a lot investment opportunity in centrally located East Los Angeles, where an excellent investment opportunity awaits the smart buyer. This property boasts many upgrades presenting a unique chance to live in one home while renting out the other, providing both a place to call home and a steady rental income-start building equity and cash flow now. Don't forget, there are still tax advantages to owning income property. Situated amidst a blend of single-family and duplex homes, this property stands out with its two separate homes on a single lot. The front single-level home boasts a comfortable layout featuring 3 bedrooms, 2 bathrooms, a kitchen with granite counters, indoor laundry and a two-car carport! Adding to the property's appeal, the rear unit offers 2 bedrooms, 1 bathroom, and a kitchen with granite counters and a separate garage with laundry hookups. Ample privacy for both units with separate fenced yards AND a corner lot with more parking opportunities for tenants and guests. Moreover, this property's location is a definite plus, it enjoys close proximity to the 710/60/5 freeways and 1 mile from the Gold Line stop, making commuting and traveling a breeze. Schools, shopping centers, markets, and public transportation options are all conveniently nearby, providing easy access to essential amenities and services. With a touch of sweat equity and some thoughtful renovations, this property holds tremendous potential for its next owner, and yes, there is a serious upside with rent too! Whether you're an investor seeking a reliable rental income or a homeowner looking for an opportunity to live comfortably while earning extra income, these two units offer the best of both worlds. Don't miss out on this chance to acquire a versatile property with great potential in a well-connected and vibrant neighborhood. Take advantage of this priced right opportunity and make your first (or next) investment move today!

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
School District
Los Angeles Unified

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.