9500 S Spring Street

Los Angeles, CA 90003
$598,000
0.13 acres | #PF24187010
Courtesy of Altadena Real Estate Company

Description

Ideal buy and hold development opportunity. This fully vacant, centrally located duplex offers two freestanding houses on a street to street lot, as well as a separate garage with attached workshop. The large front unit is currently a two-bed/one-bath but can potentially be reconfigured as a three bed. The rear unit is currently being used as a two-bed/one-bath, and the garage and workshop can be converted to an ADU There is plenty of off street parking for three rentals, and the possibility of generating huge monthly income either with the updated section 8 rent schedules or with market rate rents. Multiple development strategies exist for this exciting fixer which is zoned R-2 and is close to public transit. No blind offers. Sellers to make no repairs or concessions. Cash or hard money offers only.

  • Interior Details
    • Interior Features
      • Interior:AllBedroomsDown
  • Property Details
    • Property
      • Stories:1
      • Lot description:ZeroToOneUnitAcre
    • Measurements
      • Acres:0.1267
    • Parking
      • Parking spaces:1
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1925
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$598, 000
  • Other
    • Source
      • MLS #:PF24187010

Location

The Alcantara GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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