Contact Jane 310.774.1666

Listing IDPW21130302
Price$1,299,900
Bedrooms4
Total Baths2
Full Baths2
SqFt 1,794
Acres 0.175
StatusActive Under Contract
CountyLos Angeles
Year Built1924
Property TypeResidential
Property Sub TypeSingle Family Residence
MUST-SEE! Finally the most desired property by both investors and homeowners HIT the market. This Move-In Ready property is on a PRIMARY LOCATION and CLOSE TO HIGHEST RANKING Walteria Elementary, Richardson Middle and South High School. This property, with one of the LARGEST LOT in this area, provides UNLIMITED GROWTH POTENTIAL to be sold at much HIGHER PRICE! We project each unit will pull approximately $3,000-$3,500 in monthly rent, making for a sky-high pro forma total cap rate over 6%. In addition to the existing structures, the preliminary plan can be provided 1) front unit: a 2-story with an additional 632 SF with the new garage and 2) second unit: a 2-story with a 474 SF addition. We project 2 new construction would add an approximate total of $7000 a month in income to the property and over $2,000,000 in value! Nearby property with smaller lot has been recently sold for $1,400,000! Also great for Airbnb business. One unit is already occupied by tenant. Duplex is two different units, each unit with 2beds and 1bath. The front unit, 768 sqft, is FULLY remodeled with Contemporary style in 2021. The second unit, 1026 sqft, is a Ranch style with cozy design, and is currently tenant occupied. New Gas Pipe has been completely replaced in June 2021. PROPERTY IS TO BE SOLD AS-IS.
© 2021. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Last updated Saturday, July 24th, 2021.

Based on information from CARETS as of Saturday, July 24th, 2021 05:34:07 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.
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Listing courtesy of Young Lee, DRE #02094044 from Dream ERE
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Listing courtesy of Young Lee, DRE #02094044 from Dream ERE

Contact - Listing ID PW21130302

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Jane Lau

600 Deep Valley Drive
Rolling Hills Estates, CA 90274
Phone: 310-774-1666
Phone Alt: 310-774-1666

Data services provided by IDX Broker
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