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Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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School Ratings & Info

Description

First time on the market in 45 years! Incredible duplex in popular Pico Union-Koreatown corridor. This well-maintained building presents opportunity for investment, owner-user, and potential development. Extremely spacious 2bd/2bth units are nearly 1,500 SF each in this high-demand rental area. Significant upside in rents. Each unit includes a laundry room and washer/dryer hook ups. Each unit has own parking space. All tenants are current on rents. Newer roof and plumbing. Current C2 Zoning with Tier 3 TOC offers prospective development. Close to USC and Loyola High School. Property subject to city of Los Angeles Rent Stabilization Ordinance. Do not disturb tenants. Buyer to conduct own investigations and verify all information.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T15:29:53.277. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
www.sellinglasouthbay.com/homes/120537471
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1731 1733 S Vermont Avenue Los Angeles (City), CA 90006

  • Price: $925,000
  • Status: Active
  • Updated: 65 min ago
  • ID#: 320006878
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1919
Built
Neighborhood:
Not Applicable-105
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
First time on the market in 45 years! Incredible duplex in popular Pico Union-Koreatown corridor. This well-maintained building presents opportunity for investment, owner-user, and potential development. Extremely spacious 2bd/2bth units are nearly 1,500 SF each in this high-demand rental area. Significant upside in rents. Each unit includes a laundry room and washer/dryer hook ups. Each unit has own parking space. All tenants are current on rents. Newer roof and plumbing. Current C2 Zoning with Tier 3 TOC offers prospective development. Close to USC and Loyola High School. Property subject to city of Los Angeles Rent Stabilization Ordinance. Do not disturb tenants. Buyer to conduct own investigations and verify all information.
Exterior Features

Carport Spaces 0 Direction Faces East Entry Location Ground Level W/Steps Number Of Separate Electric Meters 2 Parking Total 0 Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Flooring Laminate Heating Central Heating YN Yes

Property Features

Cap Rate 0 Community Features Sidewalks Disclosures Rent Control Fuel Expense 0 Garage YN No Gross Scheduled Income 0 Insurance Expense 0 Land Lease Amount 0 Land Lease Amount Frequency Monthly Land Lease YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Maintenance Expense 0 Net Operating Income 0 New Taxes Expense 0 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 0 Other Expense 0 Rent Control YN Yes Sewer Public Sewer Special Listing Conditions Standard Supplies Expense 0 Tax Annual Amount 0 Total Actual Rent 0 Trash Expense 0 Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 0 Zoning Lac2

Listing provided courtesy of Jason Insalaco of Kelton Properties


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T15:29:53.277. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
 
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Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
23670 Hawthorne Blvd. #100
Torrance CA, 90505