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$ 785,000
Est. payment | /mo
3 Beds
1 Bath
1,160 SqFt
$ 785,000
Est. payment | /mo
3 Beds
1 Bath
1,160 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,160 sqft
Price per Sqft $676
MLS Listing ID CL25557447
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1940
Lot Size 4,881 Sqft
Acres 0.1121
Property Sub-Type Single Family Residence
Property Description
INCOME PRODUCING HOME WITH NEARLY COMPLETED 3 BEDROOM 2 BATHROOM ADU! $85,000 remaining to finish ADU, property has already appraised for $970,000 post completion of ADU. Incredible income-producing opportunity in the heart of South Los Angeles! Situated directly across from Figueroa Elementary School, this charming 3-bedroom, 1.5-bath single-story residence sits on a spacious lot and is already tenant-occupied, generating immediate rental income from day one. The main home offers 1,160 sq ft of comfortable living space and has been tastefully updated with a newer roof, fresh interior paint, original hardwood and tile flooring, and a thoughtful layout that includes a separate dining area, an inviting living room, and a dedicated laundry room. The property also includes a gated rear driveway with alley access and a detached garage, offering ample parking and potential for additional storage or creative use. What truly sets this property apart is the fully framed, detached two-story ADU in the rear. It is an 800 sq ft, 3-bedroom, 2-bath structure that is already well underway. With approved plans and permits already pulled, rough plumbing and electrical completed, and framing fully done, this ADU is just about two months away from completion. The current builder is ready and willin
Location
State CA
County Los Angeles
Zoning LAR1
Interior
Interior Features Family Room
Heating Central
Cooling Central Air
Flooring Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Microwave
Exterior
Pool None
Total Parking Spaces 2
Private Pool false
Building
Story 1
Architectural Style Bungalow
Level or Stories One Story
New Construction No
Others
Tax ID 6075022020
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Listed by Ideen(Eddie) Toudeh Fallah • Compass