113 E 95th StreetLos Angeles, CA 90003

Description

Vacant! A two building duplex in South Los Angeles, just east of Main Street, with a large 3 bedroom, 2 bathroom front house that can be used as a two story primary suite and a massive 1 bedroom, 1 bathroom in back. Both units have washer and dryer hookups. The front unit (113) is newly upgraded: plank flooring throughout, a galley kitchen with quartz counters, a remodeled second bath with a marble look surround, and laundry hookups inside the unit. The third bedroom sits at the base of a private stair leading to an upstairs primary bedroom with an ensuite bath, walk in closet and a slider to a private balcony, so the two levels function together as a two story primary suite or separately as two more bedrooms. The rear unit (115) is an oversized 1 bedroom, 1 bathroom in its own detached building with an open living and dining room, a full L shaped kitchen, a separate laundry room with hookups, a covered porch and a patio. Approximately 1,946 square feet of building area on a 4,371 square foot lot, built in 1959. Market rents of $3,250 and $2,250 per month support a 5.94% cap rate at the asking price. Ideal for an owner user who wants to live in the front house and rent the back, or an investor who can set both rents at market from day one. Buyer to verify all information including square footage, permits and rent control status.

Property Information

Property type

Residential Income

Year built

1959

Stories

2

Living area

1,946 Sq Ft

Lot size

0.10 acres

Zoning

LAR2

Days on market

1

MLS^® Listing#

26994825

Property Features

Cooling

None

Heating

Wall Furnace

Flooring

Laminate

Patio

Covered

Financial Details

HOA

None

Parcel number

6052006023

Directions

From the 110 Freeway exit Manchester Ave and head east, turn south on Main St, then east on E 95th St. Property is on the north side of the street.