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847 E 25TH St

Los Angeles, CA 90011
  • $849,990
  • STATUS: Active
  • ON SITE: 30 Days
  • MLS #: 22-149499
UPDATED: 30 min ago
$849,990
  • 4
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,962
    SQFT
  • $433
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Description

Great opportunity to own a Duplex Zoned LAR3 in the Historic South Central area, appx. less than 2 miles from the University of Southern California (USC). Property features two separate units. The front unit is a Transitional Craftsman Style home with a front porch. It features 3 spacious bedrooms and 2 bathrooms. A nice size living room, formal dining room and kitchen. Central air and heating was recently installed. House has newer laminate flooring. The second Unit/Rear Unit features 1 bedroom, 1 bath and will be delivered vacant. This unit does need remodeling. It has the potential for the new buyer to add a second bedroom or build a new two-story unit (Need to check with City for requirements). Rear unit has a private rear yard spacious enough to park a vehicle. There is a nonconforming additional third unit which is a Studio attached to the front unit which is also rented. Property has a rear laundry room. Some fruit trees; lime, lemon, orange and guava. 1,962 square footage of living space and 6,501 square footage of lot size. Property is centrally located near Downtown LA. This area offers investor/buyer a significant upside in future rental potential due to the dense rental area and the major construction developments in the area. This includes the new seven story development being built on Adams/Grand which will have 296 units of housing and 5,000 square feet of commercial space. Also, the new Multi-Housing development, featuring 105 residential units along with commercial space spanning an area of 7,300 square feet. Property is also near LA Live, Banc of California Stadium, LA Memoria Coliseum, Crypto.com Arena, Dodger Stadium, Union Station, restaurants, 10 & 110 Freeways and much more. This property is a must see!!!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-24T07:42:43.297. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/128005771
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847 E 25TH St Los Angeles, CA 90011

  • Price: $849,990
  • Status: Active
  • On Site: 30 Days
  • Updated: 30 min ago
  • MLS #: 22-149499
4
Beds
0
Baths
0
½ Baths
0.15
Acres
1,962
SQFT
$433
$/SQFT
1946
Built
Neighborhood:
Downtown L.A.
County:
Los Angeles
Area:
Downtown L.A.
Property Description
Great opportunity to own a Duplex Zoned LAR3 in the Historic South Central area, appx. less than 2 miles from the University of Southern California (USC). Property features two separate units. The front unit is a Transitional Craftsman Style home with a front porch. It features 3 spacious bedrooms and 2 bathrooms. A nice size living room, formal dining room and kitchen. Central air and heating was recently installed. House has newer laminate flooring. The second Unit/Rear Unit features 1 bedroom, 1 bath and will be delivered vacant. This unit does need remodeling. It has the potential for the new buyer to add a second bedroom or build a new two-story unit (Need to check with City for requirements). Rear unit has a private rear yard spacious enough to park a vehicle. There is a nonconforming additional third unit which is a Studio attached to the front unit which is also rented. Property has a rear laundry room. Some fruit trees; lime, lemon, orange and guava. 1,962 square footage of living space and 6,501 square footage of lot size. Property is centrally located near Downtown LA. This area offers investor/buyer a significant upside in future rental potential due to the dense rental area and the major construction developments in the area. This includes the new seven story development being built on Adams/Grand which will have 296 units of housing and 5,000 square feet of commercial space. Also, the new Multi-Housing development, featuring 105 residential units along with commercial space spanning an area of 7,300 square feet. Property is also near LA Live, Banc of California Stadium, LA Memoria Coliseum, Crypto.com Arena, Dodger Stadium, Union Station, restaurants, 10 & 110 Freeways and much more. This property is a must see!!!
Exterior Features

Carport Spaces Total 0 Covered Parking 0 Exterior Construction Stucco Garage Structures Total 0 Lot Description Back YardAlley PavedFenced YardFront YardSidewalksYard Lot Location Alley AccessCity Lot Size Area 6501 Other Structures None Parking Garage DrivewayGarage - None Patio Features Porch - Front Paved YN Yes Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Sprinklers None Style Craftsman Tennis Court None Tennis YN No Total Parking 5 View Description None View YN No Water Frontage None

Interior Features

Baths Total 4.00 Bedroom Features Master Bedroom Common Walls Detached/No Common Walls Cooling Central Den No Dining Room Yes Equipment Other Family Room No Fireplace Rooms Decorative Flooring LaminateTileOther Foundation Details None Heating Central Laundry Room Rooms Bonus RoomDining RoomLiving Room Water Heater Features Gas

Property Features

Alley YN Yes Amenities None Assessed Total Value 157622 Gross Income 43080 Gross Operating Income 43080 Land Lease Type Fee Like Units1 1 Like Units2 2 Like Units3 3 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 2 Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(S)Smoke Detector Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 0 Type Of Units Detached Water Public Water Heaters YN Yes Year Built Source Assessor Zoning Lar3

Listing provided courtesy of Walner H Hernandez DRE#01318574 of Re/Max Alliance Group.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-24T07:42:43.297. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Mark Wise | Bennion Deville Homes
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