John Chapman
This listing was posted on RealtyWW.
$899,000
Property For Sale In Los Angeles, California
Price:
$899,000
BR/BA:
5 BR, 3 BA
Location:
1226 S Kern Ave, Los Angeles, CA
Description:
Welcome to an exceptional investment opportunity in East Los Angeles, California! This property boasts a total of five bedrooms and three bathrooms, divided among two units, making it an ideal income-generating asset. Currently offering a fantastic rental income potential, the property features below-market rents, providing a significant value-add opportunity for savvy investors. The existing tenants at this location have been reliable occupants for years, enhancing the appeal of this investment property. The area is known for its high demand for rental properties, ensuring a steady stream of potential tenants. Additionally, the property includes ownership of solar panels that were installed in 2021. Prospective investor buyers can inquire about acquiring the current financing arrangement for solar ownership, adding to the property's appeal as a sustainable investment. Furthermore, the current owner has plans to add two additional dwelling units to the property and possesses all the necessary specifications for this expansion. For those interested in exploring this opportunity, the owner's plans can be shared upon request. It is important to note that any potential investor should conduct their own due diligence with the city regarding the requirements and regulations for additional dwelling units (ADUs). This ensures compliance with local laws and regulations, providing a smooth transition for any planned expansions. Don't miss out on this rare opportunity to invest in a promising income property in a sought-after location in East Los Angeles. Contact us today to learn more and schedule a viewing of this remarkable investment property!For more details: https://realtyww.info/all-others-real-estate_1_los-angeles-d523223/for-sale_i70983298
Property Type:
Other Housing for Sale
Posted:
April 22 on RealtyWW
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to RealtyWW
Important Safety Tips
These might be signs of fraud:
- Really cheap prices
- Irregular email adresses
- Contact info in pictures
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: Property For Sale In Los Angeles, California
Property For Sale In Los Angeles, California is a Five Bedroom 3.5 Bath Other Real Estate for Sale at 1226 S Kern Ave in Los Angeles CA. Find other listings like Property For Sale In Los Angeles, California and listings near 1226 S Kern Ave by searching Oodle Classifieds for Five Bedroom 3.5 Bath Other Real Estate for Sale in Los Angeles CA.
Property For Sale In Los Angeles, California is a Five Bedroom 3.5 Bath Other Real Estate for Sale at 1226 S Kern Ave in Los Angeles CA. Find other listings like Property For Sale In Los Angeles, California and listings near 1226 S Kern Ave by searching Oodle Classifieds for Five Bedroom 3.5 Bath Other Real Estate for Sale in Los Angeles CA.