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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$699,000

Est. payment - /mo

4 Beds

2 Baths

1,386 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,386 sqft

Price per Sqft $504

MLS Listing ID AR26109684

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1907

Lot Size 3,009 Sqft

Property Sub-Type Duplex

Property Description

WELCOME TO HIGHLAND PARK — AN INCREDIBLE OPPORTUNITY TO OWN TWO HOMES ON ONE LOT IN ONE OF LOS ANGELES' HOTTEST NEIGHBORHOODS.
THIS UNIQUE PROPERTY FEATURES TWO CHARMING CRAFTSMAN-STYLE HOMES, EACH WITH 2 BEDROOMS AND 1 BATHROOM, TOTALING 1,386 SQ FT (693 SQ FT EACH). BOTH HOMES FEATURE HIGH CEILINGS AND CLASSIC CHARACTER THROUGHOUT UNITS 116 - 120.
IDEALLY LOCATED JUST OFF FIGUEROA STREET, YOU'LL BE IN THE HEART OF HIGHLAND PARK'S VIBRANT DINING, SHOPPING, CAFÉ, AND NIGHTLIFE SCENE. CONVENIENTLY SITUATED JUST ONE BLOCK FROM THE METRO GOLD LINE, THIS LOCATION OFFERS EASY ACCESS TO DOWNTOWN LOS ANGELES AND SURROUNDING NEIGHBORHOODS.
BOTH UNITS ARE CURRENTLY TENANT-OCCUPIED, MAKING THIS AN EXCELLENT INCOME-PRODUCING PROPERTY WITH STRONG RENTAL DEMAND. LIVE IN ONE AND RENT OUT THE OTHER, OR CONTINUE OPERATING BOTH AS INVESTMENT RENTALS.
HIGHLAND PARK CONTINUES TO EXPERIENCE SIGNIFICANT GROWTH AND REVITALIZATION, DRIVEN BY ITS PRIME LOCATION NEAR DOWNTOWN LA AND NEIGHBORING COMMUNITIES. RECOGNIZED BY REDFIN AS ONE OF THE TOP UP-AND-COMING NEIGHBORHOODS IN THE U.S., THIS IS AN OUTSTANDING OPPORTUNITY FOR BOTH INVESTORS AND OWNER-USERS ALIKE.
PROPERTIES ARE IN AVERAGE CONDITION. STREET PARKING ONLY.

Location

State CA

County Los Angeles

Area 632 - Highland Park

Rooms

Main Level Bedrooms 4

Interior

Interior Features Built-in Features, Balcony, Crown Molding, Cathedral Ceiling(s), High Ceilings, Laminate Counters, Pantry, All Bedrooms Down

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Tile, Vinyl

Fireplaces Type None

Fireplace No

Appliance Electric Range

Laundry Washer Hookup

Exterior

Parking Features On Street

Fence Average Condition

Pool None

Community Features Curbs, Gutter(s), Street Lights, Sidewalks, Urban

Utilities Available Electricity Available, Sewer Available, Water Available

View Y/N No

View None

Roof Type Composition

Porch Concrete, Front Porch, Open, Patio

Private Pool No

Building

Lot Description Corner Lot

Dwelling Type Duplex

Faces East

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Craftsman

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5468017010

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, FHA, VA Loan

Special Listing Condition Standard

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Listed by Nicola Speranta Compass 626-253-6746, DRE #01274694

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

116 ELLITA PL Los Angeles, CA 90042