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$ 899,000
Est. payment | /mo
5 Beds
4 Baths
6,326 Sqft Lot
$ 899,000
Est. payment | /mo
5 Beds
4 Baths
6,326 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26215112
Bedrooms 5
Lot Size 6,326 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
DELIVERED VACANT AT CLOSELIVE IN THE FRONT AND EXPLORE RENTAL INCOME POTENTIAL IN THE BACK! Situated on a corner lot in Boyle Heights, 1601 Pennsylvania Avenue presents an exciting opportunity for owner-occupants and value-add investors. Move into the 3 bed + 2 bath front house and explore how rental income from the two rear 1+1 accommodation could help offset your mortgage and ownership expenses. Reported as a duplex, the property features a front residence and a rear residential building on an approximately 6,300-square-foot lot with 2004 livable square foot. Vacant delivery gives buyers flexibility to plan improvements, personalize their home, and pursue a rental strategy without taking over existing tenancies. The rear unit has been divided into two separate living spaces without permits, offering buyers an opportunity to investigate legalization or reconfiguration, subject to City approval. A detached garage with existing plumbing provides another possibility for a future ADU conversion, subject to applicable requirements and permits. Whether youre seeking a primary residence with supplemental income potential or an investment with room for improvement, this property offers a compelling starting point. Bring your vision, your contractor, and your plans to build long-term equity! Property will be delivered vacant at close of escrow. Represented as a duplex, not a permitted triplex. Buyer to independently verify square footage, permitted unit count, zoning, lawful rental use, and feasibility of legalization or ADU conversion. Additional units and rental income are not gu
Location
State CA
County Los Angeles
Zoning Assessor
Direction S of Cesar Chavez and East of PWY 101
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5174009054
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Vijay Sharma, DRE#01214274 Keller Williams VIP Properties
Nearby Locations
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