UPDATED:
12/20/2024 02:21 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS24251654
HOA Y/N No
Year Built 1895
Lot Size 4,242 Sqft
Property Description
Welcome to 614 & 614 1/2 E 21st Street, a fantastic duplex offering endless potential! This property features two units: a spacious 3-bedroom, 1-bathroom unit on the lower level and a cozy 2-bedroom, 1-bathroom unit upstairs. Both units boast high ceilings, creating an open and airy atmosphere, and feature washer and dryer hookups for added tenant convenience.
Located conveniently near USC, Downtown Los Angeles, and with easy access to the 10 and 110 freeways, this property is perfectly situated for strong rental demand. The property is also in close proximity to Jefferson/USC Metro Station, offering excellent public transportation options.
For developers, the area benefits from reduced parking restrictions, allowing for the potential to build additional units without the usual parking requirements, maximizing the development potential of this property.
Whether you're a first-time investor or a seasoned pro, this property offers an exceptional opportunity to maximize value and generate long-term returns. Don't miss your chance to explore the possibilities here!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD2
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, Laundry Closet
Exterior
Pool None
Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks, Urban
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Tear Down
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5127006006
Security Features Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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