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4913 Lynnfield Street

Los Angeles (City), CA 90032
  • $763,500
  • STATUS: Closed
  • ON SITE: 330 Days
  • ID#: P1-18248
Sold - 08/01/2024
$763,500
SOLD - 08/01/2024
  • 2
    BEDS
  • 0.11
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 690
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1926
County:

School Ratings & Info

Listing Agent(s): Daniel Portillo of eXp Realty of California, Inc. ((888) 584-9427)


Description

A wonderful opportunity awaits in one of the highly sought after neighborhoods in the vibrant Northeast LA! The property features a recently remodeled 1 bedroom, 1 bath home, plus a lower level that already started and mostly completed finishings for a JRADU unit, there are must a few items needed to wrap up permitting for this unit. In addition, there is also RTI plans approved by the city included and ready for you to build a detached ADU unit. This property offers tremendous potential for an owner-user with tons of potential for market rents to help subsidize your mortgage or makes for an ideal rental investment for the investor looking to capture tremendous equity build up with the value-add of 2 additional units and excellent performing cap rate with 3 units at market rent. Conveniently located within minutes to DTLA, USC medical Ctr, Pasadena, Glendale, and minutes from the trendy Fig & York corridor in Northeast LA!

Sold by Daniel Portillo of eXp Realty of California, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-23T00:29:25.553. 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/152040966
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4913 Lynnfield Street Los Angeles (City), CA 90032

  • Price: $699,000
  • Status: Closed
  • On Site: 330 Days
  • Updated: 207 min ago
  • ID#: P1-18248
2
Beds
1
Baths
0
½ Baths
0.11
Acres
690
SQFT
$0
$/SQFT
1926
Built
Neighborhood:
621 - El Sereno
County:
Los Angeles
Area:
621 - El Sereno
Property Description
A wonderful opportunity awaits in one of the highly sought after neighborhoods in the vibrant Northeast LA! The property features a recently remodeled 1 bedroom, 1 bath home, plus a lower level that already started and mostly completed finishings for a JRADU unit, there are must a few items needed to wrap up permitting for this unit. In addition, there is also RTI plans approved by the city included and ready for you to build a detached ADU unit. This property offers tremendous potential for an owner-user with tons of potential for market rents to help subsidize your mortgage or makes for an ideal rental investment for the investor looking to capture tremendous equity build up with the value-add of 2 additional units and excellent performing cap rate with 3 units at market rent. Conveniently located within minutes to DTLA, USC medical Ctr, Pasadena, Glendale, and minutes from the trendy Fig & York corridor in Northeast LA!
Exterior Features

Carport Spaces 2 Carport YN Yes Fencing See Remarks Lot Features Sprinklers None Parking Features Detached CarportDriveway Parking Total 2 Patio And Porch Features ConcretePorch Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Free-Standing RangeMicrowaveRefrigerator Common Walls No Common Walls Cooling Ductless Cooling YN Yes Fireplace Features None Fireplace YN No Flooring See Remarks Heating Ductless Heating YN Yes

Property Features

Association YN No Buyer Financing Other Common Interest None Community Features CurbsStreet Lights Disclosures Accessory Dwelling Unit Garage YN No Land Lease YN No Laundry Features Washer Hookup Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Possession Close Of Escrow Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type House Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-23T00:29:25.553. 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): Daniel Portillo of eXp Realty of California, Inc. ((888) 584-9427)