$1,300,000
Off Market

944 W 74th Street W

Los Angeles, CA 90044
0.13 acres | #PW23086714
Listing OfficeElmira Sonboli, Broker
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

**** NO RENT CONTROL!!**** GREAT INVESTEMENT! BEST CURRENT RATE OF RETURN IN THE AREA! This is a rare found legal Duplex with a fully permitted Legal ADU. Great opportunity for investors and get higher than average return on your investment or live in one and other 2 units will pay the mortgage.
Detached Units 944 and 946 were built in 1998 and the ADU was built in 2023. All 3 units are tenants occupied. Each unit of the Duplex has 3 bedrooms, and 2 bathrooms and the ADU has 3 bedrooms and 1 bathroom. ADU is brand new, has its own postal address, and is in good condition, Unit 946 is in good condition and unit 944 may benefit from some TLC. Covered car storage under the ADU unit. Each unit has its own laundry hookups.
This property is conveniently located in close proximity to Downtown LA, USC, L.A. Live, museums, the Crypto Arena, the convention center, LAX, and Sofi Stadium and YouTube Theater. Total Current rent is $8,750 per month and it will increase in June 2023. DON'T MISS THIS GREAT OPPORTUNITY OF APPROXIMATELY 8% POSITIVE CASH FOLLOW.

Location

The Alcantara GroupReal Estate Group
OR