$1,400,000
$1,499,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
1037 S Redondo BLVD Los Angeles, CA 90019
2,880 SqFt
Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $486
MLS Listing ID SR21216647
Sold Date 01/21/22
HOA Y/N No
Year Built 1924
Lot Size 6,499 Sqft
Acres 0.1492
Property Description
So many potentials with this great duplex located in Mid Wilshire, one of the most highly desirable areas in Los Angeles. Perfectly situated around some of the best shopping and restaurants as well as short drive to the 10 freeway for commutes. The upstairs unit is currently being vacated and will be delivered vacant. That unit has three bedrooms plus a sun room and one bathroom. The owner did some updates on the upper unit about 3 years ago. The lower unit has two bedrooms and one bath and some renovations were done just under two years ago. Drive through the porte-cochère to the 3 garages in back as well as a storage unit and extra space for parking. You could purchase and keep tenants or live in one unit and lease the other. There is potential for updating both units and bring in higher rent as well as the possibly for an ADU in the back over the garages. This property is also located in the HPOZ and is a contributing building so the new owner could apply for the Mills Act on the property as well. So many things the buyer/investor can choose to do.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR2
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Fireplace No
Laundry Inside
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5084015008
Energy Description 602.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Trust
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Bought with Jason Anderson • eXp Realty of California Inc