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Khash Khorramdel

khash.khorramdel@engelvoelkers.com +1(909) 678-6014

$ 500,000

Est. payment -/mo

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632 E 78th ST Los Angeles, CA 90001

4 Beds

2 Baths

1,632 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,632 sqft

Price per Sqft $306

MLS Listing ID 26856133

Bedrooms 4

HOA Y/N No

Year Built 1960

Lot Size 5,959 Sqft

Property Description

Excellent opportunity to purchase TWO detached homes on one lot on a nice, tree lined street for the price of one home! The front home (Unit # 632) provides appx 936 SF of living space and is configured as a 3Br+2Ba, and the rear home (Unit #630) offers appx 696 SF and is configured as a 2Br+1Ba. The property also includes a detached rear garage with alley access, and a permitted storage room attached to the garage that is a total of 640 SF (per permits). This could be a potential ADU conversion (Buyer to investigate). There is also open parking between each structure. Both homes are tenant occupied, and the property is subject to City of LA Rent Control (LA RSO). PROPERTY TO BE SOLD WITH TENANTS. Current rental income is over $3,000/mo, with room to double that when the units eventually turn over. Conveniently located just one block from John C. Fremont High School and McKinley Ave Elementary School, the property sits between Florence Ave and Manchester Ave, providing easy access to a variety of popular neighborhood dining destinations, markets, and everyday conveniences. With separate homes, rear alley access, and future value-add potential, this property offers an attractive opportunity for investors seeking both immediate cash flow and long-term upside. **Property is part of a larger 32-parcel portfolio sale of tenant occupied SFRs and Multifamily properties** Call Listing Agent #1 for more info**Portfolio sale can be purchased separately, or in bulk, more listings coming soon**

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR2

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Flooring Laminate, Tile

Fireplaces Type Living Room

Fireplace Yes

Laundry In Kitchen

Exterior

Parking Features Assigned, Door-Multi, Driveway, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

View Y/N No

View None

Roof Type Composition

Accessibility None

Porch Covered

Total Parking Spaces 6

Private Pool No

Building

Faces North

Story 1

Entry Level One

Foundation Raised

Sewer Sewer Tap Paid

Architectural Style Spanish

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6023032025

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Dana Coronado Compass #01746702

NEARBY SCHOOLS & PROPERTIES

Khash Khorramdel

Advisor | License ID: 02173890

+1(909) 678-6014

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