$986,000
$1,100,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
3501 N Figueroa ST Los Angeles, CA 90065
1,369 SqFt
Key Details
Sold Price $986,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,369 sqft
Price per Sqft $720
Subdivision Not Applicable-105
MLS Listing ID 320005759
Sold Date 05/26/21
Construction Status Updated/Remodeled,Turnkey
HOA Y/N No
Year Built 1940
Annual Tax Amount $13,750
Lot Size 5,662 Sqft
Acres 0.13
Property Description
Looking for a smart investment in a booming location? This absolutely charming duplex located on the cusp of Highland Park and Mount Washington has extraordinary potential! Delivered totally vacant and turnkey, both units feature 2 bed and 1 bath with their own enclosed yards, tons of parking and separate entrances. One of the units features amazing city light views of the downtown LA skyline! The entire property is light and bright and has been thoughtfully designed and upgraded from head to toe with designer kitchens and baths, chic lighting, and easy breezy floor plans. A dream location; situated on Figueroa Blvd within a stone's throw to trendy shops and cafes yet easily accessible from a quiet side street and set back behind lush landscaping and custom fencing for maximum privacy! You will feel tucked away at home yet with the pulse of the city at your fingertips with snap access to Downtown LA or the main strips of Highland Park on York and Fig! Perfect for anyone looking to live in one unit and subsidize their mortgage by renting the other...also great for a 1031 exchange, investment or anyone looking for steady long term cash flow in a rapidly appreciating area! Many rental comps in the area for remodeled 2 bedroom properties are starting at $3,500 and up monthly. The options are endless!
Location
State CA
County Los Angeles
Area 632 - Highland Park
Zoning LARD2
Interior
Flooring Wood
Fireplace No
Exterior
View Y/N Yes
View City Lights
Porch Deck
Building
Lot Description Corner Lot
Entry Level One
Level or Stories One
Construction Status Updated/Remodeled,Turnkey
Others
Tax ID 5446003016
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Edward Arnez • Keller Williams Studio City