512 S La Verne Avenue

Los Angeles, CA 90022

$571,500

Sold Price
N/A

bed Beds

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shower Baths

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straighten / sqft

1949

calendar_month Built

Property Description

Ideal for investors looking to generate rental income, this duplex offers a prime opportunity in the heart of Los Angeles. The front unit is already providing automatic income with long-time tenants in place, while the back unit is empty for new owner occupancy. This property sits on a huge lot, featuring a long driveway and separate 1 and 2 car garages, providing ample parking and storage space. With plenty of room for growth, there are endless possibilities for expansion or development. Located within a 3-mile radius, you'll find plenty of amenities including downtown Los Angeles, dining options, and schools such as James A. Garfield High School. The area also boasts convenient public transportation options, making commuting a easy. Enjoy the vibrant neighborhood with parks and recreational areas nearby, perfect for families and outdoor enthusiasts. While the home does need some repairs, its potential for significant return on investment makes it a compelling choice.

Listing Information

Close Price $571,500
Close Date Friday, September 20th, 2024
Status Closed
MLS CV24160867
Type Residential Income
Subtype Duplex
Year Built 1949
Lot Size 8,002
Structure Size N/A
DOM 6
Courtesy Of VYLLA HOME
Listing Agent Albert Pasillas DRE#01728500

Interior Features

Laundry Information
Location(s) Gas Dryer Hookup, Inside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Albert Pasillas, VYLLA HOME . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 21st, 2024 at 6:26 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.