Listing Agent: Jose Inez Hernandez      Broker/Office: COLDWELL BANKER LEADERS
435 Mcdonnell S Los Angeles CA 90022
$ 710,000
  5   |    2   |    2012 Sq Feet

Listing ID

#CV26191413

Status

Active

Property Type

Duplex

County

Los Angeles

Year Built

1930

Days on website

7

Description
*DUPLEX IN THE HEART OF EAST LOS ANGELES – VALUE-ADD OPPORTUNITY!* Excellent opportunity for an investor, contractor, or owner-user! Unit 1 offers approximately 1,200 sq. ft. with 3 bedrooms, 1.5 baths, laundry room, and a detached 2-car garage. Unit 1 will be sold tenant occupied. Unit 2 is approximately 812 sq. ft., was formerly used as a storefront and is currently used for storage. It will be delivered empty at close of escrow, creating a rare blank canvas for a buyer ready to reimagine the space. Unit 2 is a true fixer with tremendous potential. The property may also offer potential for an ADU and JADU in the rear, providing an opportunity to maximize the lot and potentially create additional living space or rental income, subject to applicable approvals. Property will NOT qualify for FHA due to Unit 2 condition. Conveniently located in the heart of East L.A. near shopping, dining, transportation and major freeways. **PROPERTY SOLD AS-IS. Seller will not make repairs or provide credits for repairs. Buyer to independently verify all information, including square footage, bedroom/bath count, current and prior uses, permits, zoning, ADU/JADU feasibility and development potential with the appropriate governmental agencies.
*DO NOT DISTURB OCCUPANTS. BY APPOINTMENT ONLY! INTERESTED BUYERS MUST BE PRE-APPROVED PRIOR TO SCHEDULING AN APPOINTMENT.*
Location
Financial Information
List Price:  $ 710000
Property Features
Accessibility Features:  Parking
Community Features:  Biking, Curbs, Park, Sidewalks
Cooling:  Electric
Fencing:  Brick
Flooring:  Laminate
High School District:  Los Angeles Unified
Levels:  One
Parking Features:  Garage
Senior Community YN:  false
Structure Type:  Duplex
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  699 - Not Defined
City:  Los Angeles
Listed By:   Jose Inez Hernandez   COLDWELL BANKER LEADERS 
CA Lic#