Description
INCREDIBLE PASSIVE INCOME OPPORTUNITY AWAITS in the heart of Highland Park! This property is located on a great street and offers two separate structures and sits centrally located in walking distance to the Gold Line, Figueroa Blvd, restaurants, shopping, coffee houses, parks, and more, and just minutes from the highway and York Blvd. You cannot beat this location! The property is gated and secured at the rear, and offers on site parking. One unit has been remodeled, and tastefully updated. This smaller rear unit was built in the 1920's and offers 1 bed, 1 bath, a private yard with entertainment deck and sits at roughly 500 sf. The original home was built in 1905 has been transformed into a lovely duplex. These two front units sit at roughly 650 sf and each have 2 beds and 1 bath. All units are occupied with tenants who have been in place for years and are in good standing. The units offer dedicated outdoor entertainment space, ample storage, and parking. The property does fall under the Historical Preservation Overlay Zone, which can offer great tax benefits.
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School Ratings & Info
Description
INCREDIBLE PASSIVE INCOME OPPORTUNITY AWAITS in the heart of Highland Park! This property is located on a great street and offers two separate structures and sits centrally located in walking distance to the Gold Line, Figueroa Blvd, restaurants, shopping, coffee houses, parks, and more, and just minutes from the highway and York Blvd. You cannot beat this location! The property is gated and secured at the rear, and offers on site parking. One unit has been remodeled, and tastefully updated. This smaller rear unit was built in the 1920's and offers 1 bed, 1 bath, a private yard with entertainment deck and sits at roughly 500 sf. The original home was built in 1905 has been transformed into a lovely duplex. These two front units sit at roughly 650 sf and each have 2 beds and 1 bath. All units are occupied with tenants who have been in place for years and are in good standing. The units offer dedicated outdoor entertainment space, ample storage, and parking. The property does fall under the Historical Preservation Overlay Zone, which can offer great tax benefits.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T18:30:22.44. 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.