"ALMOST READY TO ISSUE (RTI)" - Fantastic Development Opportunity for Developers! Purchase NOW "AS IS." *PLANS* of this property comprises two duplexes on the lot, one smaller and the other larger. Smaller DUPLEX (Building #1): 2 bedrooms and 1.5 bathrooms. Lower Level: Parking for two cars with compact and standard stalls. 1st Floor: Living, Dining, Kitchen, and Powder Room 2nd Floor: Master Bedroom, 2nd Bedroom, and Hallway Bathroom. Larger DUPLEX (Building #2): 3 bedrooms and 2.5 bathrooms. Lower Level: Parking for two cars with compact and standard stalls 1st Floor: Living, Dining, Kitchen, Powder Room, and Bedroom. 2nd Floor: Master Bedroom with Ensuite, additional Bedroom, and Hallway Bathroom. This property is strategically located near Downtown Los Angeles, the Staples Center, Convention Center, and USC, making it an ideal investment opportunity. Please note that a Cash Offer/Hard Money is required for this purchase. Act fast as this development prospect won't last long!
PRICE REDUCTION AGAIN? YES AGAIN? NICE 3 UNITS, ONE BEDROOM, ONE BATHROOM EACH UNIT, 1320 SQUARE FEET OF LIVING AREA ON A 4201 SQUARE FEET LOT. PROPERTY HAS 3 CAR GARAGE. THREE UNITS ARE RENTED. NEW ROOF INSTALLED I 2017. NEW WINDOWS INSTALLED IN 2015, NEW STUCCO WAS DONE IN 2018. NEW GARAGE DOOR WAS INSTALLED IN 2017. FRONT DOOR AND SCREEN DOOR REPLACED IN 2018.
Location! Location! Triplex on Verdugo Rd in Glassel Park and only a few Blocks from Glendale. Two (2) Units are 2 Bedroom / 1 Full Bath, One (1) Unit is 1 Bedroom / 1 Full Bath. Very Private, (1) Covered Garage for each Unit and additional Parking in Rear. Great Opportunity for First Time Buyer having Two Units to Rent and help with Mortgage / or Seasoned Investors for Great upside. DO NOT DISTURB TENANTS! Close to the 2 Freeway, Dodger Stadium, Downtown LA, City of Glendale & Eagle Rock.
Sitting in the heart of Highland Park, in a Historic Preservation Overlay Zone (HPOZ) a stunning 2-story bungalow styled home and detached nest is up for sale ! This delightful front home boasts 6 bedrooms and 2 bathroom. Three downstairs and three on the top floor - with a bathroom on each. A specially blended living and dining room opens up into the kitchen with its own small breakfast nook. This unit sits in a peaceful tree-lined street, next to Figueroa's most well-known eateries and shops, and close to the Metro Gold Line. Behind this house sits a back unit, entirely detached, and is tenant occupied. . Which features a one bedroom-one bathroom flat above with deck, and a spacious studio below with its own half-bath. All this on an LARD2-zoned lot! You can check off that box for a new project in the new year this one is totally worth it!
Sitting in the heart of Highland Park, in a Historic Preservation Overlay Zone (HPOZ) a stunning 2-story bungalow styled home and detached nest is up for sale ! This delightful front home boasts 6 bedrooms and 2 bathroom. Three downstairs and three on the top floor - with a bathroom on each. A specially blended living and dining room opens up into the kitchen with its own small breakfast nook. This unit sits in a peaceful tree-lined street, next to Figueroa's most well-known eateries and shops, and close to the Metro Gold Line. Behind this house sits a back unit, entirely detached, and is tenant occupied. . Which features a one bedroom-one bathroom flat above with deck, and a spacious studio below with its own half-bath. All this on an LARD2-zoned lot! You can check off that box for a new project in the new year this one is totally worth it!
This Duplex Is Perfect For Owner To Live In One And Rent The Other For Income In An Upcoming Area. It's Located Next To Los Angeles River, Fwy 5; Closed To Dodger Stadium, Griffith Park Observatory, Echo Park, Atwater, Glendale, Cypress Park, Glassell Park; Easy Access To Fwy 2, 5, 110, 101. Front Unit #2154 Has 1 Bed And 1 Bath, Tenant Occupied, Will stay. Back Unit #2152 Has 2 Bed 2 Bath (1 Bed 1 Bath Not Permitted), Will Vacate.
Los Angeles is located in California. Los Angeles, California has a population of 3,902,440. Los Angeles is less family-centric than the surrounding county with 29.48% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.