Listing Agent: Nicola Speranta      Broker/Office: Compass
116 ELLITA Place Los Angeles CA 90042
$ 699,000
  4   |    2   |    1386 Sq Feet

Listing ID

#AR26109684

Status

Active

Property Type

Duplex

Property Style

Craftsman

County

Los Angeles

Year Built

1907

Days on website

2

Description
WELCOME TO HIGHLAND PARK — AN INCREDIBLE OPPORTUNITY TO OWN TWO HOMES ON ONE LOT IN ONE OF LOS ANGELES’ HOTTEST NEIGHBORHOODS.
THIS UNIQUE PROPERTY FEATURES TWO CHARMING CRAFTSMAN-STYLE HOMES, EACH WITH 2 BEDROOMS AND 1 BATHROOM, TOTALING 1,386 SQ FT (693 SQ FT EACH). BOTH HOMES FEATURE HIGH CEILINGS AND CLASSIC CHARACTER THROUGHOUT UNITS 116 - 120.
IDEALLY LOCATED JUST OFF FIGUEROA STREET, YOU’LL BE IN THE HEART OF HIGHLAND PARK’S VIBRANT DINING, SHOPPING, CAFÉ, AND NIGHTLIFE SCENE. CONVENIENTLY SITUATED JUST ONE BLOCK FROM THE METRO GOLD LINE, THIS LOCATION OFFERS EASY ACCESS TO DOWNTOWN LOS ANGELES AND SURROUNDING NEIGHBORHOODS.
BOTH UNITS ARE CURRENTLY TENANT-OCCUPIED, MAKING THIS AN EXCELLENT INCOME-PRODUCING PROPERTY WITH STRONG RENTAL DEMAND. LIVE IN ONE AND RENT OUT THE OTHER, OR CONTINUE OPERATING BOTH AS INVESTMENT RENTALS.
HIGHLAND PARK CONTINUES TO EXPERIENCE SIGNIFICANT GROWTH AND REVITALIZATION, DRIVEN BY ITS PRIME LOCATION NEAR DOWNTOWN LA AND NEIGHBORING COMMUNITIES. RECOGNIZED BY REDFIN AS ONE OF THE TOP UP-AND-COMING NEIGHBORHOODS IN THE U.S., THIS IS AN OUTSTANDING OPPORTUNITY FOR BOTH INVESTORS AND OWNER-USERS ALIKE.
PROPERTIES ARE IN AVERAGE CONDITION. STREET PARKING ONLY.
Location
Financial Information
List Price:  $ 699000
Property Features
Community Features:  Curbs, Sidewalks, Urban
Direction Faces:  East
Flooring:  Carpet, Tile, Vinyl
Foundation Details:  Raised
High School District:  Los Angeles Unified
Interior Features:  Balcony, Pantry
Levels:  One
Patio And Porch Features:  Concrete, Open, Patio
Roof:  Composition
Senior Community YN:  false
Structure Type:  Duplex
Water Source:  Public
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  632 - Highland Park
City:  Los Angeles
Listed By:   Nicola Speranta   Compass 
CA Lic#