Listing Agent: Arvin Azaradibi      Broker/Office: KRE8 Realty
425 Eastern Avenue N Los Angeles CA 90022
$ 729,000
  4   |    2   |    1392 Sq Feet

Listing ID

#26989485

Status

Active

Property Type

Single Family Residence

County

Los Angeles

Year Built

1923

Days on website

5

Description
SELLER OFFERING $10,000 CREDIT TOWARD BUYER'S RATE BUYDOWN OR CLOSING COSTS!RARE OPPORTUNITY TWO FULLY REMODELED, VACANT HOMES ON ONE LOT! This exceptional East Los Angeles property offers incredible flexibility for owner-users, investors, multi-generational living, or buyers seeking rental income potential. Both residences are delivered VACANT and MOVE-IN READY, allowing the new owner to occupy one and rent the other, house extended family, or utilize both as income-producing properties. Comparable rentals in the area are approximately $2,500-$3,000 per month per unit (buyer to verify).Located in the unincorporated area of East Los Angeles, EACH HOME features 2 BEDROOMS, 1 BATHROOM, New kitchen, Living room and a private entrance, providing privacy and independence. Both residences have been extensively upgraded, including BRAND-NEW ROOF, REWIRED ELECTRICAL SYSTEM, REINFORCED FOUNDATION, UPDATED PLUMBING, LUXURY VINYL FLOORING, NEW KITCHEN CABINETS & COUNTERTOPS, REMODELED BATHROOMS, RECESSED LIGHTING, and FRESH INTERIOR & EXTERIOR PAINT, plus numerous additional improvements. The property also features a spacious, shaded backyard ideal for entertaining, recreation, or future development potential. Potential ADU opportunity buyer to independently verify with the appropriate agencies. A long driveway provides parking for up to 3 vehicles. Conveniently located near Cesar Chavez Avenue, with easy access to shopping, dining, public transportation, schools, and neighborhood amenities. Centrally positioned near the 5, 10, 60, and 710 freeways, offering convenient access throughout Los Angeles. Two vacant homes. Extensive renovations. Flexible living options. Rental income potential. $10,000 seller credit. Opportunities to purchase two turnkey residences on one lot are rarely available. Don't miss this unique East Los Angeles property!
Location
Financial Information
List Price:  $ 729000
Property Features
Flooring:  Vinyl
Furnished:  Unfurnished
Levels:  One
Parking Features:  Driveway
Senior Community YN:  false
Senior Community YN:  false
MLS Area Major:  ELA - East Los Angeles
City:  Los Angeles
Listed By:   Arvin Azaradibi   KRE8 Realty 
CA Lic#