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$ 948,000
Est. payment /mo
Open Sun 2PM-4PM
3501 N Figueroa Street Los Angeles, CA 90065
4 Beds
2 Baths
5,664 Sqft Lot
Open House
Sun Jun 21, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID P1-27678
Bedrooms 4
Lot Size 5,664 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Nestled on a gated corner lot in the heart of Northeast Los Angeles, this fully leased duplex blends strong rental income with thoughtful updates and exceptional outdoor living. Generating $6,000 per month in gross rental income, with the front unit leased at $2,800 per month and the rear garden unit leased at $3,200 per month, the property consists of two 2-bedroom, 1-bath residences, each offering a private entrance, its own laundry area, fenced yard space, and abundant off-street parking. Recent improvements include a newer roof, copper plumbing, dual-pane windows, upgraded electrical panels, mini-split heating and air conditioning systems, recent interior and exterior paint, and extensive landscaping and hardscape enhancements. Both residences feature bright interiors, remodeled kitchens with quartz countertops and new fixtures, remodeled bathrooms with new fixtures, and private outdoor spaces designed for everyday living and entertaining. Ideally positioned near Highland Park, Mount Washington, Downtown Los Angeles, Elysian Park, Dodger Stadium, and major transportation corridors, this turnkey investment opportunity offers strong in-place income, privacy, and long-term upside in one of Northeast LA's most desirable neighborhoods.
Location
State CA
County Los Angeles
Zoning Assessor
Direction From the 110 or 5 Freeway, take Figueroa St toward Cypress Park. Property is located on the corner of Figueroa St and Amabel St.
Interior
Heating Other/Remarks
Cooling Other/Remarks
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 5446003016
Acceptable Financing Cash
Listing Terms Cash
Listed by Kerry Jackson, DRE#01977527 Coldwell Banker Realty
Felicia Lewis
Broker Associate | License ID: 01872727
+1(858) 876-8565 | felicia@felicialewisgroup.com