583 W Avenue 26, Los Angeles, CA 90065

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List Price
$525,000
Status
ACTIVE
MLS#
P1-29560
Year Built
1924
Lot Size
1,750
Acres
0.04
Lot Location
Sprinklers None
Days on Market
1
Property Type
Multifamily
Property Sub Type
Duplex
Stories
Two Levels
Neighborhood
Not Applicable

Property Description

Two Units in Northeast LA, minutes to Downtown LA! Discover the potential of this two-story income property featuring two separate residential units, each offering 2 bedrooms and 1 bathroom. The upper and lower units each feature a comfortable living room, functional kitchen, and adjoining breakfast area, providing practical and inviting living spaces. Additional highlights include a private driveway with off-street parking and separate gas and electric meters for each unit.Ideally situated with convenient access to Downtown Los Angeles, the LA River, Dodger Stadium, and the popular dining, shopping, and entertainment hotspots throughout Northeast LA. Whether you're an established investor looking to expand your portfolio, a first-time investor seeking an entry into the Los Angeles real estate market, or a buyer exploring multigenerational living or the possibility of occupying one unit while renting the other, this property offers an attractive price point with long-term potential.Property is being sold AS-IS, with existing tenants in place in both units. Pricing reflects the property's occupancy. Please do not disturb tenants.

Additional Information

Appliances
Free-Standing Range
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2
Gross Scheduled Income
$28,428
Operating Expense
9843

Listing courtesy of Listing Agent: Daniel Portillo (dan@portillorealty.com) from Listing Office: eXp Realty of California, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.