
Dream Opportunity – Extra Income Property This well-maintained property offers strong current income with excellent upside potential. It includes a small auxiliary unit suitable for office use, plus additional income-producing units. The garage has been converted into a full studio generating and there is one additional one-bedroom unit . The units are occupied, who will vacate the premises at close of escrow or sooner,,m, providing flexibility for owner occupancy or investment use. The new owner may increase rents, subject to market conditions. The County of Los Angeles has recently shown increased flexibility regarding permitting for garage conversions. Buyers are encouraged to verify legalization and permit status directly with the city. The 2 addition do not have permits,, The main residence features three (3) bedrooms and two (2) bathrooms and is in good ,,, Up to $150,000 in down payment assistance program cut be available with L.A County, (subject to eligibility).. Zero down payment options available. FHA financing or up to $10,000 toward closing costs, subject to buyer qualification. Offers must include Proof of Funds and a per-approval letter with FICO scores. Buyer to conduct their own due diligence regarding all aspects of the property.
Bedrooms
3
Bathrooms
2
Square Feet
1,140
Lot Size
7,613 sqft
Year Built
1957
Property Type
Single Family Residence
Days on Market
91
HOA Fee
N/A
Garage Total
2
MLS #
SB26016609
Interior Features
Separate Formal Dining Room, Eat In Kitchen, Storage, Bedroom On Main Level, Main Level Primary
Accessibility
Other, Parking
Laundry
Washer Hookup, Laundry Room
Main Level Master
Yes
Patio & Porch
Rear Porch, Concrete, Front Porch, None, Open, Patio
Fencing
Average Condition
Security
Smoke Detectors
| Rating | School Name |
|---|---|
8 | Vena Avenue Elementary Elementary School |
5 | Virtual Academy Of International Studies/Humanities (World Languages And Cultures) Elementary School |
5 | Richard E. Byrd Middle Middle School |
1 | Robert H. Lewis Continuation High School |
7 | Canterbury Avenue Elementary Elementary School |
Based on price, location, and features