2128 MichiganLos Angeles, CA 90033

Description

Great investment opportunity with this duplex offering flexibility for both investors and owner-occupants! Each unit is a roomy 2 bedroom and 1 bath. The front unit is in good condition and will be delivered vacant at the close of escrow, providing the new owner the opportunity to move in and update to their taste, or lease at current market rent. The rear unit is tenant-occupied and will be delivered with the existing tenant in place. The unit is in need of repairs and updating, offering and excellent value-add opportunity for investors looking to improve the property over time. With two separate units both with brand new roofs and plenty of potential, the opportunity is ideal for a buyer looking to build equity, generate rental income or create a long term investment.The property is being sold in its as is present condition, tenancy and all other aspects of the property.

Property Information

Property type

Residential Income

Sub-type

Duplex

Year built

1935

Stories

1

Building area

1,935 Sq Ft

Lot size

0.13 acres

Days on market

41

MLS^® Listing#

MB26216940

Property Features

Cooling

None

Pool

None

Parking

Driveway

Laundry

Electric Dryer Hookup · Gas Dryer Hookup · Inside

Community

Street Lights · Sidewalks

Sewer

Public Sewer

Water source

Public

Parcel number

5183006007

Directions

1st Street and N Chicago Street