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145 S Reno Street

Los Angeles (City), CA 90057
  • $1,349,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: PW24013538
Price Reduced
UPDATED: 235 min ago
$1,349,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1906
County:

School Ratings & Info

Listing Agent(s): Bret Lewis of Bret Lewis, Broker (562-726-2515)


Description

Meticulous remodeled Craftsman-style duplex in the heart of Los Angeles. With two distinct units, this property offers not just a home, but a lucrative investment.The upper unit boasts 4 bedrooms and 2 well-appointed bathrooms while the lower unit offers 3 bedrooms, 2 bathrooms, and an additional den, providing a total of 7 bedrooms and 4 bathrooms. This duplex truly is a "cash cow," offering substantial rental income with stimated rents of $5,000 for the upper unit and $4,500 for the lower unit.Recent upgrades have transformed this duplex with new flooring and fresh paint throughout. The kitchens have been completely remodeled with new shaker cabinets and elegant quartz countertops. Modern appliances, including a range, oven, dishwasher, and refrigerator, have been added to both units, ensuring a seamless living experience.Laundry hookups are conveniently available in both units, simplifying daily chores. Additionally, the property is equipped with separate electric and gas meters for efficient utility management. Complete with 2 car garage and additional on-site parking.With an outstanding walk score of 80, residents can accomplish most errands on foot, making daily life exceptionally convenient. The property also boasts a great transit rating of 71, facilitating easy commuting and city exploration.Situated near downtown Los Angeles, this duplex enjoys a prime location in a thriving neighborhood that is considered the heart of L.A. It's the perfect place for those looking to live in the midst of all the action or invest in a property with limitless potential.This remodeled Craftsman duplex offers the best of both worlds - classic charm combined with modern amenities and income potential. It's a property that truly speaks for itself, with an ideal location that makes it the place to be in Los Angeles.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-24T00:36:29.117. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/147138253
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145 S Reno Street Los Angeles (City), CA 90057

  • Price: $1,349,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 235 min ago
  • ID#: PW24013538
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1906
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Meticulous remodeled Craftsman-style duplex in the heart of Los Angeles. With two distinct units, this property offers not just a home, but a lucrative investment.The upper unit boasts 4 bedrooms and 2 well-appointed bathrooms while the lower unit offers 3 bedrooms, 2 bathrooms, and an additional den, providing a total of 7 bedrooms and 4 bathrooms. This duplex truly is a "cash cow," offering substantial rental income with stimated rents of $5,000 for the upper unit and $4,500 for the lower unit.Recent upgrades have transformed this duplex with new flooring and fresh paint throughout. The kitchens have been completely remodeled with new shaker cabinets and elegant quartz countertops. Modern appliances, including a range, oven, dishwasher, and refrigerator, have been added to both units, ensuring a seamless living experience.Laundry hookups are conveniently available in both units, simplifying daily chores. Additionally, the property is equipped with separate electric and gas meters for efficient utility management. Complete with 2 car garage and additional on-site parking.With an outstanding walk score of 80, residents can accomplish most errands on foot, making daily life exceptionally convenient. The property also boasts a great transit rating of 71, facilitating easy commuting and city exploration.Situated near downtown Los Angeles, this duplex enjoys a prime location in a thriving neighborhood that is considered the heart of L.A. It's the perfect place for those looking to live in the midst of all the action or invest in a property with limitless potential.This remodeled Craftsman duplex offers the best of both worlds - classic charm combined with modern amenities and income potential. It's a property that truly speaks for itself, with an ideal location that makes it the place to be in Los Angeles.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/AcreBack YardFront YardLawnLandscapedSprinkler System Number Of Separate Electric Meters 2 Open Parking Spaces 2 Other Structures Storage Parking Features Garage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Appliances DishwasherElectric OvenGas RangeRefrigerator Common Walls No Common Walls Cooling Ductless Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Heating Wall Furnace Heating YN Yes Interior Features Quartz Counters

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsUrban Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 114000 Insurance Expense 0 Land Lease YN No Laundry Features Inside Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeFHAVA Loan Net Operating Income 114000 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 0 Property Condition Updated/RemodeledTurnkey Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public SewerNone Special Listing Conditions Standard Trash Expense 0 Utilities Sewer Not Available Water Sewer Expense 0 Water Source Public Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-24T00:36:29.117. 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 deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Bret Lewis of Bret Lewis, Broker (562-726-2515)