$499,990
Sold Price2415 114th Street, Los Angeles, CA 90059
About this home
HUGE PRICE REDUCTION!!! Great Opportunity! This Single Family Home sits on an R2 Zoned lot, conversion to a duplex has been 90% complete. City has already approved plans for the conversion (Buyers to verify all information). Tax records show 6 beds 2 baths but there are actually 8 beds and 4 baths. Unit -1 has 4bedrooms/2baths downstairs, Unit-2 has 4bedrooms/2baths upstairs. Bottom 4/2 unit has garage with washer/dryer Hookups and Upstairs 4/2 unit has separate off street parking. This property has tons of UPSIDE potential as an investment or for anyone looking to call this place home and rent second Unit. Currently renting for $4,500 per month. Seller has already done due diligence to introduce plans and verified that Zoning is doable. Structurally, the property is prepped for Duplex. Seller has Schematics, Sq Ft Approval, and Planner Contractor to finalize. Seller willing to forfeit Planners information and contractor agreement with an accepted offer. Seller advises NO issues, NO citations, No red flags from city. Instant Increase in Equity and Cash-Flow upon duplex conversion!!! With this much upside potential, this property will be a major benefit to anyone's portfolio, or a great first step for the next homeowner. Property was renovated in late 2016 with tank-less water heater, upgraded plumbing, and upgraded bathrooms. MOTIVATED SELLER!!!! DON'T MISS THIS ONE!!!
infoProperty Facts
Bedrooms
8
Bathrooms
4
Square Feet
2,318
Property Type
Single Family Residence
Days on Market
55
HOA Fee
N/A
Garage Total
2
MLS #
CV20087040
chairInterior Details
General Interior
Interior Features
Laminate Counters, Recessed Lighting, Unfurnished
Flooring
Vinyl
Kitchen & Appliances
Appliances
Tankless Water Heater
Laundry
Washer Hookup, Inside, In Garage
Bed & Bath
Main Level Master
Yes
deckExterior & Lot
Building & Construction
Fencing
Fair Condition, Wrought Iron
Security
Window Bars
Foundation
Slab
Roof
Composition
Nearby Schools
| Rating | School Name |
|---|---|
| 9 | GreatSchools High (Demo) public |
| 7 | Valley View Elementary (Demo) public |
| 6 | Lincoln Middle School (Demo) public |
| NR | St. Mary Example Academy (Demo) private |
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