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Listed by Alvin Mullins • Your Home Team Real Estate
$ 949,900
Est. payment /mo
Active Under Contract
408 East 56th Street Los Angeles, CA 90011
2,560 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,560 sqft
Price per Sqft $371
MLS Listing ID RS-24000946
Style Modern
Year Built 2010
Lot Size 5,096 Sqft
Property Sub-Type Duplex
Property Description
Attention Investors 6.5 Cap Rate! This duplex was built in 2008 and features two 4 bedroom 2 bath units that are in good condition. The upstairs unit is in good condition with 4 bedrooms and 2 baths, an updated kitchen with granite counters and newer cabinets, the downstairs unit is the same floor plan and is also in good condition, both units have inside laundry hook ups, the property has a long gated driveway with a large two car detached finished garage and parking for multiple other cars in the rear, the property is close to the 105, 10 and 110 freeways, USC, downtown, Mid city and lots of shopping. Expenses for water and insurance are estimated. We also have another duplex for sale with the same Cap Rate, floor plan built in 2008 at 238 E 73rd Street. Total gross income $79,000, total expenses $13,975, buyer accepts responsibility for verifying all information including expenses and income.
Location
State CA
County Los Angeles
Area 122 - Harbor Gateway
Zoning LAR2
Interior
Heating Central
Flooring Laminate
Laundry Individual Room, Inside
Exterior
Parking Features Driveway Level, Garage - Three Door, Garage Door Opener, Garage Faces Front, RV Access/Parking, RV Gated, Concrete
Garage Spaces 2.0
Pool None
Community Features Curbs, Sidewalks, Street Lights
View Y/N Yes
Building
Lot Description Front Yard, Level, Yard, Back Yard
Sewer Public Sewer