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    4654 Lomita St

    Los Angeles, CA 90019
    • $1,250,000
    • STATUS: Active
    • ON SITE: 13 Days
    • ID#: 21-792664
    UPDATED: 95 min ago
    $1,250,000
    • 1
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,158
      SQFT
    • $1,079
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    We are pleased to present for sale a charming duplex located in the highly desirable Mid-City neighborhood of Los Angeles! Two SEPARATE homes on one lot: Front house is a 1 bedroom/1 bath, back house is 2 bedroom/1 bath. Lot size is approximately 7,000 sqft & zoned LARD 1.5 = VALUE ADD opportunity to build 2 additional units on this spacious lot! Live in one & rent the other, rent both units for income, or build NEW Construction to supplement the existing income. The possibilities with this property are endless! The subject property is situated just steps away from Midtown Shopping Center, restaurants, shopping, transportation, making it an attractive place for tenants to call home! Do not wait for this opportunity to pass! Property to be sold As-Is with existing tenants. Interior inspection subject to an accepted offer. Do not disturb current tenants. Buyer to verify all zoning and square footage with LADBS. Contact listing agent for more details!

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-25T23:44:10.407. 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.theparsonsrealestateteam.com/homes/122299301
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    4654 Lomita St Los Angeles, CA 90019

    • Price: $1,250,000
    • Status: Active
    • Updated: 95 min ago
    • ID#: 21-792664
    1
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1,158
    SQFT
    $1,079
    $/SQFT
    1923
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    We are pleased to present for sale a charming duplex located in the highly desirable Mid-City neighborhood of Los Angeles! Two SEPARATE homes on one lot: Front house is a 1 bedroom/1 bath, back house is 2 bedroom/1 bath. Lot size is approximately 7,000 sqft & zoned LARD 1.5 = VALUE ADD opportunity to build 2 additional units on this spacious lot! Live in one & rent the other, rent both units for income, or build NEW Construction to supplement the existing income. The possibilities with this property are endless! The subject property is situated just steps away from Midtown Shopping Center, restaurants, shopping, transportation, making it an attractive place for tenants to call home! Do not wait for this opportunity to pass! Property to be sold As-Is with existing tenants. Interior inspection subject to an accepted offer. Do not disturb current tenants. Buyer to verify all zoning and square footage with LADBS. Contact listing agent for more details!
    Exterior Features

    Lot Size Area 7000 Other Structures Shed(S) Parking Garage Driveway Total Parking 4

    Interior Features

    Baths Total 1.00 Cooling None Equipment Other Heating None

    Property Features

    Assessed Total Value 300964 Gross Income 34000 Gross Operating Income 34000 Like Units1 1 Like Units2 1 Net Operating Income 25500.00 Number Of Buildings 2 Number Of Units 2 Sale Type Standard Source Living Area Estimated Source Lot Size Area Vendor Enhanced Total Annual Expense 8500 Type Of Units Standard Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Daniel Shamooelian DRE#01984269 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-25T23:44:10.407. 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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    The Parsons Team | Keller Williams Realty
    251 S. Lake Ave #150
    Pasadena CA, 91101