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    1011 W 20th Street

    Los Angeles (City), CA 90007
    • $1,290,000
    • STATUS: Active Under Contract
    • ON SITE: 36 days
    • ID#: PW21138900
    Under Contract
    UPDATED: 37 min ago
    $1,290,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1907
    County:

    School Ratings & Info

    Description

    EXCELLENT INCOME ON THIS - 2 HOUSES ON A LOT in the USC Patrol Area! FRONT HOUSE IS 4 BEDROOMS 2 BATHS - EACH ROOM GETS $1100 TO $1300 PER MONTH FOR TOTAL OF $4600/MONTH. BACK HOUSE NEW ADU - PRO FORMA RENT IS $2800. TOTAL RENT = $7400/MONTH. Highly upgraded front house with 4 bedrooms 2 baths and an brand new ADU back house built to top notch low energy usage standards! This 6 bedroom property with 4 bathrooms is perfect for 2 families, or owner who would like to rent one of the units out and live in the other, or rent out the entire property. The front house is a Craftsman style home that has been highly upgraded with central heat and air, high ceilings, lots of natural light, newer kitchen, newer bathrooms, newer upgraded flooring, and freshly remodeled in recent years. The back house is brand new construction 2 bedroom 2 bath with high ceilings, dual pane windows, recessed lighting, open kitchen, 2 full baths, upmarket fixtures throughout, that can be partitioned into a 3 bedroom 2 bathroom large accessory dwelling unit. There are 5 off-street parking spaces on the property as well. Bedrooms can be rented for between $1100 and $1300 each. Both houses have their own inside laundry and central heat and air. No expense spared! Well located near USC and freeways, shops and services.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T19:32:05.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/118761259
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    1011 W 20th Street Los Angeles (City), CA 90007

    • Price: $1,290,000
    • Status: Active Under Contract
    • Updated: 37 min ago
    • ID#: PW21138900
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1907
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    EXCELLENT INCOME ON THIS - 2 HOUSES ON A LOT in the USC Patrol Area! FRONT HOUSE IS 4 BEDROOMS 2 BATHS - EACH ROOM GETS $1100 TO $1300 PER MONTH FOR TOTAL OF $4600/MONTH. BACK HOUSE NEW ADU - PRO FORMA RENT IS $2800. TOTAL RENT = $7400/MONTH. Highly upgraded front house with 4 bedrooms 2 baths and an brand new ADU back house built to top notch low energy usage standards! This 6 bedroom property with 4 bathrooms is perfect for 2 families, or owner who would like to rent one of the units out and live in the other, or rent out the entire property. The front house is a Craftsman style home that has been highly upgraded with central heat and air, high ceilings, lots of natural light, newer kitchen, newer bathrooms, newer upgraded flooring, and freshly remodeled in recent years. The back house is brand new construction 2 bedroom 2 bath with high ceilings, dual pane windows, recessed lighting, open kitchen, 2 full baths, upmarket fixtures throughout, that can be partitioned into a 3 bedroom 2 bathroom large accessory dwelling unit. There are 5 off-street parking spaces on the property as well. Bedrooms can be rented for between $1100 and $1300 each. Both houses have their own inside laundry and central heat and air. No expense spared! Well located near USC and freeways, shops and services.
    Exterior Features

    Architectural Style Craftsman Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Open Parking Spaces 5 Parking Features Driveway Parking Total 5 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances DishwasherDisposal Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Interior Features All Bedrooms Down Window Features Wood Frames

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingCurbsGutter(S)Storm Drain(S)Street LightsSidewalksUrban Contingency None Disclosures Accessory Dwelling Unit Electric Expense 0 Garage YN No Gross Income 92400 Gross Scheduled Income 92400 Insurance Expense 1200 Land Lease YN No Laundry Features Gas Dryer HookupInside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To Existing LoanCash To New LoanConventional Net Operating Income 73875 New Construction YN No New Taxes Expense 16125 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 0 Operating Expense 18525 Property Sub Type Single Family Residence Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Trash Expense 600 Water Sewer Expense 600 Water Source Public Zoning Lard1.5

    Listing provided courtesy of Nancy Deprez of Century 21 Masters


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T19:32:05.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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