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847 E 25TH Street

Los Angeles (City), CA 90011
  • $849,990
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: 22149499
UPDATED: 68 min ago
$849,990
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Listing Agent(s): Walner H Hernandez of Re/Max Alliance Group (310-578-0348)


Description

Great opportunity to own a Duplex Zoned LAR3 in the Historic South Central area, appx. less than 2 miles from the University of Southern California (USC). Property features two separate units. The front unit is a Transitional Craftsman Style home with a front porch. It features 3 spacious bedrooms and 2 bathrooms. A nice size living room, formal dining room and kitchen. Central air and heating was recently installed. House has newer laminate flooring. The second Unit/Rear Unit features 1 bedroom, 1 bath and will be delivered vacant. This unit does need remodeling. It has the potential for the new buyer to add a second bedroom or build a new two-story unit (Need to check with City for requirements). Rear unit has a private rear yard spacious enough to park a vehicle. There is a nonconforming additional third unit which is a Studio attached to the front unit which is also rented. Property has a rear laundry room. Some fruit trees; lime, lemon, orange and guava. 1,962 square footage of living space and 6,501 square footage of lot size. Property is centrally located near Downtown LA. This area offers investor/buyer a significant upside in future rental potential due to the dense rental area and the major construction developments in the area. This includes the new seven story development being built on Adams/Grand which will have 296 units of housing and 5,000 square feet of commercial space. Also, the new Multi-Housing development, featuring 105 residential units along with commercial space spanning an area of 7,300 square feet. Property is also near LA Live, Banc of California Stadium, LA Memoria Coliseum, Crypto.com Arena, Dodger Stadium, Union Station, restaurants, 10 & 110 Freeways and much more. This property is a must see!!!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T19:30:30.077. 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/128005369
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847 E 25TH Street Los Angeles (City), CA 90011

  • Price: $849,990
  • Status: Active
  • On Site: 29 Days
  • Updated: 68 min ago
  • ID#: 22149499
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1946
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
Great opportunity to own a Duplex Zoned LAR3 in the Historic South Central area, appx. less than 2 miles from the University of Southern California (USC). Property features two separate units. The front unit is a Transitional Craftsman Style home with a front porch. It features 3 spacious bedrooms and 2 bathrooms. A nice size living room, formal dining room and kitchen. Central air and heating was recently installed. House has newer laminate flooring. The second Unit/Rear Unit features 1 bedroom, 1 bath and will be delivered vacant. This unit does need remodeling. It has the potential for the new buyer to add a second bedroom or build a new two-story unit (Need to check with City for requirements). Rear unit has a private rear yard spacious enough to park a vehicle. There is a nonconforming additional third unit which is a Studio attached to the front unit which is also rented. Property has a rear laundry room. Some fruit trees; lime, lemon, orange and guava. 1,962 square footage of living space and 6,501 square footage of lot size. Property is centrally located near Downtown LA. This area offers investor/buyer a significant upside in future rental potential due to the dense rental area and the major construction developments in the area. This includes the new seven story development being built on Adams/Grand which will have 296 units of housing and 5,000 square feet of commercial space. Also, the new Multi-Housing development, featuring 105 residential units along with commercial space spanning an area of 7,300 square feet. Property is also near LA Live, Banc of California Stadium, LA Memoria Coliseum, Crypto.com Arena, Dodger Stadium, Union Station, restaurants, 10 & 110 Freeways and much more. This property is a must see!!!
Exterior Features

Architectural Style Craftsman Carport Spaces 0 Construction Materials Stucco Lot Features Back YardFront YardYard Parking Features DrivewayNone Parking Total 5 Pool Features None Pool Private YN No Roof CompositionShingle Spa Features None Spa YN No View None View YN No

Interior Features

Cooling Central Air Cooling YN Yes Fireplace Features Decorative Fireplace YN Yes Flooring LaminateTile Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Buyer Financing CashConventionalFha Garage YN No Gross Income 43080 Land Lease YN No Laundry Features Laundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 0 New Construction YN No Possession Close Of Escrow Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Other Special Listing Conditions Standard Total Actual Rent 3590 Vacancy Allowance Rate 0 Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T19:30:30.077. 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): Walner H Hernandez of Re/Max Alliance Group (310-578-0348)