Listing Agent: Sylvester Wilson Jr.      Broker/Office: Pellego, Inc.
5856 Olive S Los Angeles CA 90003
$ 648,999
  3   |    2   |    1424 Sq Feet

Listing ID

#SB26227028

Status

Active

Property Type

Duplex

Property Style

Craftsman

County

Los Angeles

Year Built

1925

Days on website

1

Description
Investor opportunity in the heart of South Los Angeles. Welcome to 5856 & 5856 1/2 So Olive Street, this Duplex features two 2-bedroom / 1- bath Units on a LAR-2 Lot. The Property Profile Indicated that the property has a total of 3 bedrooms / 2 baths, but it shows as a total of 4 beds / 2 baths. Both Units have new windows, flooring and updated kitchens & Bathrooms. The Units have their own electric and gas meters; they share the water meters.
This property offers an opportunity for both investors and owners-occupants. Buyers will have the option to live in one and rent the other, or lease both for excellent rental income potential. There is tenant parking for one can each in the back of the property. The property is located near the 110 freeway, MTA Transit Line, the LA Coliseum and USC. Each unit has been recently upgraded and are move-in ready. Both units will be delivered vacant. Don't miss this rare chance to own a fully upgrade,
Location
Financial Information
List Price:  $ 648999
Property Features
Community Features:  Urban
Flooring:  Laminate
High School District:  Los Angeles Unified
Levels:  One
Parking Features:  Driveway
Roof:  Shingle
Senior Community YN:  false
Structure Type:  Duplex
View:  Neighborhood
Water Source:  Public
Window Features:  Blinds
High School District:  Los Angeles Unified
Senior Community YN:  false
MLS Area Major:  C37 - Metropolitan South
City:  Los Angeles
Listed By:   Sylvester Wilson Jr.   Pellego, Inc. 
CA Lic#