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4725 St Elmo DR Los Angeles, CA 90019
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Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR24140705
Sold Date 11/01/24
HOA Y/N No
Year Built 1915
Lot Size 6,425 Sqft
Property Description
Attention investors!!! Price reduced and ready to submit for a short sale! Discover this exceptional fixer/investment opportunity! This duplex is centrally located, and promises both potential and flexibility. Ideal for investors, this property offers two spacious units, each with unique features and endless possibilities. The exterior is completely gated to offer peace of mind and privacy.
The upper unit has been completely gutted and presents a blank canvas for renovation, allowing you to tailor the space to attract high-quality tenants. It includes 4 bedrooms, 1 full bathroom, 2 half bathrooms, and a bonus room. It is ready for a full rehab, allowing you to customize the space to meet market demands and maximize investment returns. The downstairs unit features 3 bedrooms and 2 bathrooms, offering ample living space and immediate rental potential.
The property boasts a private upper deck, perfect for entertaining guests or creating a tranquil outdoor retreat, and a detached storage unit that provides additional space for storage, enhancing the property's utility and appeal. Situated in close proximity to shopping centers, restaurants, and major highways, this duplex offers unparalleled access to essential amenities and services. Being just minutes away from downtown, residents will enjoy the benefits of urban living without sacrificing the charm of a residential neighborhood.
With spacious units and a desirable location This duplex is more than just a property; it's an opportunity to invest in a prime location with the great upside potential. The combination of a highly desirable location, spacious living units, and the flexibility to customize the property makes it an attractive option for seasoned investors and newcomers alike.
Don't miss out on this unique chance to transform and capitalize on a property with incredible potential. Contact us today to schedule a viewing and explore the endless possibilities this duplex has to offer!
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Rooms
Ensuite Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Upper Level
Interior
Laundry Location Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Inside,Upper Level
Flooring Vinyl, Wood
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Upper Level
Exterior
Garage Concrete, Driveway
Fence Wrought Iron
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N No
View None
Parking Type Concrete, Driveway
Total Parking Spaces 4
Private Pool No
Building
Lot Description Front Yard
Story 2
Sewer Public Sewer
Water Public
Architectural Style Traditional
New Construction No
Others
Senior Community No
Tax ID 5071022050
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Notice Of Default
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Bought with Atlantis Babineaux • Sankofa Global Realty Group Inc.