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Property Description

Start your real estate empire with this great starter 2 on a lot investment opportunity in centrally located East Los Angeles, where an excellent investment opportunity awaits the smart buyer. This property boasts many upgrades presenting a unique chance to live in one home while renting out the other, providing both a place to call home and a steady rental income-start building equity and cash flow now. Don't forget, there are still tax advantages to owning income property. Situated amidst a blend of single-family and duplex homes, this property stands out with its two separate homes on a single lot. The front single-level home boasts a comfortable layout featuring 3 bedrooms, 2 bathrooms, a kitchen with granite counters, indoor laundry and a two-car carport! Adding to the property's appeal, the rear unit offers 2 bedrooms, 1 bathroom, and a kitchen with granite counters and a separate garage with laundry hookups. Ample privacy for both units with separate fenced yards AND a corner lot with more parking opportunities for tenants and guests. Moreover, this property's location is a definite plus, it enjoys close proximity to the 710/60/5 freeways and 1 mile from the Gold Line stop, making commuting and traveling a breeze. Schools, shopping centers, markets, and public transportation options are all conveniently nearby, providing easy access to essential amenities and services. With a touch of sweat equity and some thoughtful renovations, this property holds tremendous potential for its next owner, and yes, there is a serious upside with rent too! Whether you're an investor seeking a reliable rental income or a homeowner looking for an opportunity to live comfortably while earning extra income, these two units offer the best of both worlds. Don't miss out on this chance to acquire a versatile property with great potential in a well-connected and vibrant neighborhood. Take advantage of this priced right opportunity and make your first (or next) investment move today!

Overview

Property Status
Sold
Lot Size
5,467 Sq.Ft.
MLS ID
PW23174788
Property Type
Multi-Family
Year Built
1922

Features & Amenities

Neighborhood
Los Angeles County
View Description
None
Stories
1
Garage Spaces
1.0
Water Source
Public
Pool
None
Lot Features
Back Yard, Corner Lot, Front Yard
Parking
Carport, Door-Single, Garage
Heat Type
Wall Furnace
Air Conditioning
Wall/Window Unit(s)
Sewer
Public Sewer
School District
Los Angeles Unified
Sales Price
$735,000
Zoning
LCR4*

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966 S Duncan Avenue

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