1311 Exposition BLVD new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90018
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25088514
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1915
Lot Size 2,291 Sqft
Property Sub-Type Duplex
Property Description
**Exceptional Investment Opportunity!** Discover a fantastic chance to own a beautifully updated duplex in the vibrant heart of Los Angeles. When both units are rented there is a potential of a 6.7% cap rate This income-producing property features two freshly remodeled 2-bedroom, 1-bath units, each boasting a new roof and stylish vinyl flooring. Both bathrooms have been thoughtfully upgraded with new vanities, toilets, lighting fixtures, tile flooring, and modern mirrors. The main living areas are equipped with ceiling fans, dual-pane windows, and efficient wall/window air conditioning units for comfort. The kitchens are a chef's delight, showcasing quartz countertops, gas oven ranges, and contemporary white cabinetry, along with convenient in-unit laundry facilities. These meticulously renovated units are perfect for first-time investors seeking strong rental income in a desirable neighborhood or savvy investors looking to occupy one unit while renting out the other. Ideally situated near the University of Southern California, shopping, dining, Exposition Park, and the LA Coliseum, this duplex offers both convenience and potential. Don't miss out on this incredible investment opportunity!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Interior Features Ceiling Fan(s),Quartz Counters,Recessed Lighting,All Bedrooms Down,Bedroom on Main Level,Main Level Primary
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplaces Type None
Fireplace No
Appliance Gas Range,Gas Water Heater,Water Heater
Laundry In Kitchen
Exterior
Fence Block
Pool None
Community Features Street Lights
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
View Y/N No
View None
Roof Type Composition
Private Pool No
Building
Lot Description Walkstreet
Story 1
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Construction Status Updated/Remodeled,Turnkey
Others
Senior Community No
Tax ID 5041030023
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard