966 S Duncan Avenue
Los Angeles, CA 90022
1793 sqft | 5 beds | 3 baths | 0.13 acres | #PW23174788
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!
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Frederick Van Allen (#PVANFRED)
Listing Office: First Team Real Estate (#E776)
Listing Courtesy (Buyer)
Buyer's Agent: Andrea Ayers (#CV37351)