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252 Branch Street

Los Angeles (City), CA 90042
  • $1,500,000
  • STATUS: Active
  • ON SITE: 97 Days
  • ID#: 22124671
$1,500,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1912
County:

School Ratings & Info

Listing Agent(s): Mischa Ben Nicolas of IET Real Estate (310-874-1278)


Description

Built in 1912, 252 Branch Street is a recently renovated duplex and incredible owner occupied or investment opportunity. Located in Highland Park just North of the popular York Blvd with neighborhood favorites such as Dulce de Leche, Joy and The York +many more within walking distance Property has an excellent Walkscore of 89 and is a quick 5 minute drive from the Arroyo Secco park and golf course. The 3,138 square foot property sits on a 6,402 lot and includes a bottom unit with 3br/2.5ba, and a top unit with 3br/1ba. Units went through significant capital improvements at the end of 2019. Outside, the duplex includes a front yard area, a two-car garage, and a large fenced in backyard. The backyard is large enough for construction of a third unit/ADU Ideal for anyone looking to live in a new house and have the front 2 units offset mortgage. Conceptual drawings(Renderings) for back house included (pix 47-50). Plans have *_NOT_* been submitted or approved by the city of Los Angeles. Buyer to verify development potential independently. Adjacent Duplex 248 Branch St APN# 5493001015 also available for sale under MLS # 22-124813 Property is currently tenant occupied @ $7,228/mo (combined) Interior pix are from 2019 remodel. Both units currently occupied Property shows on Zimas as a duplex. Original building permit shows Single Family.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T00:28:42.57. 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/125856215
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252 Branch Street Los Angeles (City), CA 90042

  • Price: $1,500,000
  • Status: Active
  • On Site: 97 Days
  • ID#: 22124671
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1912
Built
Neighborhood:
632 - Highland Park
County:
Los Angeles
Area:
632 - Highland Park
Property Description
Built in 1912, 252 Branch Street is a recently renovated duplex and incredible owner occupied or investment opportunity. Located in Highland Park just North of the popular York Blvd with neighborhood favorites such as Dulce de Leche, Joy and The York +many more within walking distance Property has an excellent Walkscore of 89 and is a quick 5 minute drive from the Arroyo Secco park and golf course. The 3,138 square foot property sits on a 6,402 lot and includes a bottom unit with 3br/2.5ba, and a top unit with 3br/1ba. Units went through significant capital improvements at the end of 2019. Outside, the duplex includes a front yard area, a two-car garage, and a large fenced in backyard. The backyard is large enough for construction of a third unit/ADU Ideal for anyone looking to live in a new house and have the front 2 units offset mortgage. Conceptual drawings(Renderings) for back house included (pix 47-50). Plans have *_NOT_* been submitted or approved by the city of Los Angeles. Buyer to verify development potential independently. Adjacent Duplex 248 Branch St APN# 5493001015 also available for sale under MLS # 22-124813 Property is currently tenant occupied @ $7,228/mo (combined) Interior pix are from 2019 remodel. Both units currently occupied Property shows on Zimas as a duplex. Original building permit shows Single Family.
Exterior Features

Direction Faces West Parking Features Door-MultiGarageUncovered Parking Total 4 View None View YN No

Property Features

Association Fee 0 Garage YN Yes Gross Income 86376 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 52412 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T00:28:42.57. 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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Rancho Santa Margarita CA, 92688
Listing Agent(s): Mischa Ben Nicolas of IET Real Estate (310-874-1278)