Bought with Anil Srivastava
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Key Details
Sold Price $510,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CROC25101014
Sold Date 07/09/25
Year Built 1954
Lot Size 7,542 Sqft
Property Sub-Type Duplex
Source California Regional MLS
Property Description
Excellent investment opportunity! This duplex generates a strong gross income of $51,708/year and offers two spacious units, each featuring 2 bedrooms, 1 full bathroom, and approximately 800 sq.ft. of living space. The front unit was updated with new vinyl plank flooring in 2021 and has been occupied by the same tenant for 4 years, while the back unit houses a long-term tenant. Both tenants are Section 8, ensuring on-time rent payments and stable income. The property also includes a 2-car garage, offering ADU potential or the opportunity for a garage conversion to increase rental income. Located in a high-demand rental area, this duplex offers consistent cash flow, strong tenant stability, and long-term upside. Perfect for any investor looking to secure a solid income-producing asset with built-in value-add options.
Location
State CA
County Los Angeles
Area Lac - Lancaster
Rooms
Kitchen None
Interior
Heating Heat Pump
Cooling Heat Pump
Laundry 30, Other, Washer/Dryer - Owned, 9
Exterior
Parking Features Garage, Other
Garage Spaces 2.0
Pool 31, None
View None
Building
Story One Story
Foundation Concrete Slab
Water District - Public
Others
Tax ID 3120031016
Special Listing Condition Not Applicable
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