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Key Details
Sold Price $995,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW24126560
Sold Date 09/06/24
Construction Status Building Permit
HOA Y/N No
Year Built 1941
Lot Size 8,215 Sqft
Property Description
First Showing Saturday and Sunday OPEN HOUSE! THERE IS NO NEED TO CALL THE AGENT. All offers are to be in by Monday evening. If not, we will not show the offer due to presenting on Tuesday morning. Welcome to 13933 Racine Ave in Paramount, California! This exquisite property offers a main home with three bedrooms, three bathrooms, and an impressive 8290 square foot lot size. Upon entering, you'll be captivated by the open floor plan that effortlessly flows from room to room. The kitchen has ample cabinets, perfect for showcasing your culinary skills and hosting gatherings for loved ones. The home has been thoughtfully updated with new windows, a new roof, solar panels, a water softener, and tile flooring throughout, creating a modern and comfortable living space. Parking is a breeze with both front and back entrances. One of the highlights of this property is the additional bonus unit within the home that makes the front a three-bedroom and two-bath. This one-bedroom apartment includes a kitchen, bathroom, and living room, each with separate entrances. Currently rented for $1850 a month, this bonus room provides extra income potential. Adding to the allure of this property is the brand-new 2nd Unit ADU (Accessory Dwelling Unit) that was recently built from the ground up with all permits. Generating $2,500 a month in rental income, this ADU features new windows, a new roof, updated electrical, and its own electrical meter, allowing tenants to pay their electricity bills. ADUs are an increasingly popular option for additional housing, either for family members or as rental units. This property offers the perfect opportunity to maximize its potential for additional rental income or multi-generational living. Don't miss out on this unique opportunity at 13933 Racine Ave. Arrange a viewing today! The sale is contingent upon the seller finding a replacement property and both escrows to close concurrently.
Location
State CA
County Los Angeles
Area Rl - Paramount North Of Somerset
Zoning PAR1*
Interior
Interior Features All Bedrooms Down
Heating None
Cooling None
Flooring Laminate, Tile
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside
Exterior
Garage Detached Carport, Driveway, RV Potential
Fence Wrought Iron
Pool None
Community Features Suburban
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Shingle
Accessibility Parking
Private Pool No
Building
Lot Description Back Yard, Front Yard
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories One
New Construction No
Construction Status Building Permit
Others
Senior Community No
Tax ID 6242014019
Energy Description 150.0
Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange, FHA
Financing Cash,Cash to Loan
Special Listing Condition Standard
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Bought with Leo Garcia • T.N.G. Real Estate Consultants