Description
Allow me to present to you this Mid City duplex featuring a 2 bedroom 1 bath front unit and a 1 bedroom 1 bath rear unit. This property is in a prime location with new development in the immediate area and on the same street. It is situated on a R2 lot and has tons of upside. The Site is Zoned for Tier 3 TOC providing developers with a density bonus and additional incentives for new construction multi-family development. Long time owners, hence rents are low, however the right buyer with a little patience this jewel will yield a good investment opportunity for investors or owner user. This is a Trust Sale and is being sold in its "as is" present condition with tenants remaining at COE. Buyer to do their due diligence to satisfy themselves of all aspects of the property. Tax rolls shows 2 bedrooms 2 bath, however the front unit is much larger and is a legitimate 2 bedroom, 1bathroom, dining area and service porch. Centrally located and close to major freeways, transportation hubs, eateries and entertainment venues. This is a winner for an investor developer. Drive by, but please do not disturb tenants. Offer subject to interior inspection.
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3BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
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1,412SQFT
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$687$/SQFT
School Ratings & Info
Description
Allow me to present to you this Mid City duplex featuring a 2 bedroom 1 bath front unit and a 1 bedroom 1 bath rear unit. This property is in a prime location with new development in the immediate area and on the same street. It is situated on a R2 lot and has tons of upside. The Site is Zoned for Tier 3 TOC providing developers with a density bonus and additional incentives for new construction multi-family development. Long time owners, hence rents are low, however the right buyer with a little patience this jewel will yield a good investment opportunity for investors or owner user. This is a Trust Sale and is being sold in its "as is" present condition with tenants remaining at COE. Buyer to do their due diligence to satisfy themselves of all aspects of the property. Tax rolls shows 2 bedrooms 2 bath, however the front unit is much larger and is a legitimate 2 bedroom, 1bathroom, dining area and service porch. Centrally located and close to major freeways, transportation hubs, eateries and entertainment venues. This is a winner for an investor developer. Drive by, but please do not disturb tenants. Offer subject to interior inspection.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-24T00:28:43.64. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.