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Key Details
Sold Price $870,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,536 sqft
Price per Sqft $566
MLS Listing ID DW24113390
Sold Date 07/25/24
HOA Y/N No
Year Built 1944
Lot Size 6,782 Sqft
Property Description
Discover the charm and potential of this rare duplex in the heart of Lakewood. This property is a true gem, offering features that make it an exceptional investment opportunity. One of the standout aspects is the detached garage, which provides the possibility of being converted into an additional unit while still leaving ample room for a yard. The convenient alleyway access means this additional unit can have its own separate entrance, perfect for maximizing rental income or creating a guest suite.
Both units have been tastefully remodeled over the years, with one unit boasting central heating and air conditioning for added comfort. Each unit is fitted with double-pane windows and newer water heaters, ensuring energy efficiency and reliability. The practicality of the property is further enhanced by the inclusion of laundry hook-ups for each unit, plus an additional hook-up available for the garage.
Situated in a prime location, this duplex is close to a variety of amenities, including popular restaurants, the Lakewood Center Mall, and major freeways, offering both convenience and lifestyle benefits. The current tenants are long-term and on a month-to-month basis, providing stable and immediate rental income.
This is a unique opportunity that combines location, potential, and practicality. Don't miss out on this rare find in Lakewood. Please do not disturb tenants.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LKMFR*
Rooms
Ensuite Laundry Outside
Interior
Interior Features All Bedrooms Down
Laundry Location Outside
Heating Central
Flooring Laminate, Wood
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Outside
Exterior
Garage On Street
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks
View Y/N Yes
View Neighborhood
Parking Type On Street
Total Parking Spaces 2
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 7168001016
Energy Description 1200.0
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Trust
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Bought with Mark Lorico • Circle Real Estate
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605