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Property Description

FANTASTIC INVESTMENT OPPORTUNITY in a prime South LA Location! Assumable FHA Loan at 3.5% !! This Clean and Spacious Duplex promises amazing potential for investors (hold or fix and flip) or owner occupant with a possibility of adding a third ADU unit! Situated in close proximity to highly sought-after areas including USC, DTLA, Expo Park, Leimert Park, West Adams and Jefferson Park, and with easy access to the 110 FWY and Inglewood.The interior of both units has been thoughtfully upgraded to offer modern comforts and style. Both units have Washer/Dryer inside the house. 2 car garage detached, with alley access. Also, the front yard offers ample parking space. It is an ideal opportunity for an owner-occupant looking to supplement their mortgage. The property has an expansive lot, proving ample space for future development. The seller can also include plans to build additional 2 bed / 1 bath unit (negotiable), opening up possibilities for even greater income potential! (The potential additional unit could have its own SEPARATE ENTRANCE through the back alley).(A similar renovated property with upgraded 3 units, right across the street, sold for $1.1m over a year ago!) Whether you are looking to expand your real estate portfolio or buy your first house with a huge upside potential, this property property offers a solid foundation for success! FHA, Conventional and VA Loans welcome!

Features
: Wall Furnace
1
: Dryer Included, Washer Included
0
Additional Information
Real Broker
0
CLW-C141234
CLW-X79021
Aleksandra
5003016027
: Standard
One
32

Multi-Family For Sale

1452 53rd Street, Los Angeles, California 90062

1,776 Sqft
$699,000
Listing ID #24397569
Basic Details
Status : Active
DaysOnMarket : 0
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24397569
Price : $699,000
Living Area : 1,776 Sqft
Lot Size : 5,700 Sqft
Year Built : 1922
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90062
Price Per Square Foot : $394
ModificationTimestamp : 2024-05-30 22:46:35
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