3 Beds
2 Baths
1,140 SqFt
3 Beds
2 Baths
1,140 SqFt
Open House
Sun Jan 25, 12:00pm - 3:00pm
Sun Feb 08, 12:00pm - 3:00pm
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,140 sqft
Price per Sqft $745
MLS Listing ID SB26016609
Bedrooms 3
Full Baths 2
Construction Status Additions/Alterations
HOA Y/N No
Year Built 1957
Lot Size 7,614 Sqft
Property Sub-Type Single Family Residence
Property Description
This well-maintained property offers strong current income with excellent upside potential. It includes a small auxiliary unit suitable for office use, plus additional income-producing units. The garage has been converted into a full studio generating $1,000, and there is one additional one-bedroom unit generating approximately $1,200 per month. The units are occupied by long-term tenants who will vacate the premises at close of escrow, providing flexibility for owner occupancy or investment use. The new owner may increase rents, subject to market conditions. The County of Los Angeles has recently shown increased flexibility regarding permitting for garage conversions. Buyers are encouraged to verify legalization and permit status directly with the city. The main residence features three (3) bedrooms and two (2) bathrooms and is in good ,,, Up to $150,000 in down payment assistance program cut be available with L.A County, (subject to eligibility).. Zero down payment options available. FHA financing or up to $10,000 toward closing costs, subject to buyer qualification. Offers must include Proof of Funds and a pre-approval letter with FICO scores. Buyer to conduct their own due diligence regarding all aspects of the property.
Location
State CA
County Los Angeles
Area Arl - Arleta
Rooms
Main Level Bedrooms 3
Interior
Interior Features Separate/Formal Dining Room, Eat-in Kitchen, Storage, Bedroom on Main Level, Main Level Primary
Cooling None
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Laundry Room
Exterior
Parking Features Door-Single, Garage Faces Front, Garage, On Site, Community Structure
Garage Spaces 2.0
Garage Description 2.0
Fence Average Condition
Pool None
Community Features Valley
Utilities Available Cable Available, Electricity Connected
View Y/N No
View None
Accessibility Other, Parking
Porch Rear Porch, Concrete, Front Porch, None, Open, Patio
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type House
Story 1
Entry Level One
Sewer Unknown
Water Other
Level or Stories One
New Construction Yes
Construction Status Additions/Alterations
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 2628024014
Security Features Smoke Detector(s)
Acceptable Financing Cash, Conventional, Contract, Cal Vet Loan, FHA, Fannie Mae, Government Loan
Listing Terms Cash, Conventional, Contract, Cal Vet Loan, FHA, Fannie Mae, Government Loan
Special Listing Condition Standard
