INVEST IN A DREAM PROPERTY: NEWLY BUILT ADU AND SPACIOUS ROOMS FOR PASSIVE INCOME IN LA

Asking Price: $650,000
910 W 71st St Los Angeles, CA Usa

About 910 W 71st St:

Welcome to an excellent investment opportunity in the bustling city of Los Angeles! This stunning property is a must-see for anyone looking to get into the lucrative Los Angeles real estate market. This property is perfect for first-time owners looking to generate passive income, live in one unit, and rent out the other. This home is a dream come true for savvy investors who are seeking a property that will provide a steady stream of income for years to come.

The home consists of three gorgeous bedrooms and two tastefully designed bathrooms on the main floor. Each room is spacious and boasts ample natural light, making it a perfect sanctuary to relax and unwind after a long day. The primary bedroom on the main floor is newly built and fully permitted, ensuring that the property is up to code and ready to be occupied. The newly built ADU on the second floor is a beautiful addition to the property, providing two additional bedrooms with its own private entrance. The entire ADU is fully permitted, ensuring that the property meets all the necessary safety and zoning requirements.

The property features four parking spaces within the secured property, providing ample space for residents and guests alike. There is plenty of street parking available on this quiet street, making parking a breeze. The location of the property is unbeatable, as it is situated across the street from St. Raphael Catholic Church & Elementary School and diagonally across from Mount Carmel Recreation Center. This makes it perfect for families with children looking for a safe and secure environment to raise their children.

This property is an excellent investment opportunity for experienced investors or those starting out in the real estate market. Investing in this property could provide you with a steady stream of income for years to come. The home is perfect for a variety of tenants, including young families, working professionals, or students. The location of the property is ideal, as it is centrally located and easily accessible to major highways, public transportation, and all the amenities that Los Angeles has to offer.

Don't miss out on this amazing investment opportunity! Schedule a showing today and discover all that this incredible home has to offer. With its unbeatable location, ample parking, and newly built and fully permitted ADU, this property is sure to impress even the most discerning of buyers. Whether you are an experienced investor or just starting out, this property is a must-see for anyone looking to get into the lucrative Los Angeles real estate market.

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Features of Property

Type

Multi family

Year Built

Built in 1937

Heating

Wall

Other

None

Parking

4 Open parking spaces

Price/sqft

$290 price/sqft

Buyers Agency Fee

2% buyers agency fee

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Features of Building

Bedrooms and bathrooms
Bedrooms

5

Bathrooms

3

Heating
Heating features

Wall

Cooling
Cooling features

None

Appliances
Included Appliances

Range/Oven, Refrigerator, Tankless Water Heater

Other interior features
Total structure area

2,238

Total interior livable area

2,238 sqft

Parking
Total spaces

4

Parking features

Driveway, Gated

Has uncovered spaces

Yes

Property
Stories

2

Pool features

None

Spa features

None

View description

City

Lot
Lot size

3,963 sqft

Lot size dimensions

33 x 120

Other property information
Additional structures included

Accessory Dwelling Unit

Parcel number

6013001017

Zoning

LARD1.5

Special conditions

Standard

Type and style
Home type

MultiFamily

Architectural style

Traditional

Property subType

Multi Family

Condition
Property condition

Updated/Remodeled

Year built

1937

Location
Region

Los Angeles

Other financial information
Buyer agency compensation

2%

Property Agent

Raymond Dominguez

ENGEL & VÖLKERS Santa Monica

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