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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$945,000

Est. payment - /mo

8,468 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID PW26217372

HOA Y/N No

Year Built 1998

Lot Size 8,468 Sqft

Property Sub-Type Duplex

Property Description

Generating approximately $78,000 in yearly revenue with a rare 7.89% cap rate, this income-producing duplex sits on an expansive 8,500 sq ft flat lot — that presents a compelling opportunity to add 2 or more additional residential units or ADUs, with the added benefit of the bottom unit being completely remodeled, creating multiple avenues to expand rental income while maximizing the property's highest and best use. Investment opportunities that combine strong current returns with this level of future development potential on a flat, buildable lot are becoming increasingly rare — and increasingly valuable. Each unit offers 4 bedrooms, 2 bathrooms, and 1,248 sq ft of spacious living space — a size and layout that feels like a single-family residence, attracting quality long-term tenants and keeping vacancy low.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Interior

Fireplace No

Laundry See Remarks

Exterior

Carport Spaces 3

Pool None

Community Features Sidewalks

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6069007029

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, Submit, VA Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, Submit, VA Loan

Special Listing Condition Standard

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Listed by Miguel Valeriano Martine Coldwell Banker Realty 714-392-3525, DRE #02098128

NEARBY SCHOOL & BUSINESS

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10974 Willowbrook AVE Los Angeles, CA 90059