Los Angeles, CA 90002,1639 E 90th ST
Los Angeles, CA 90002,1639 E 90th ST
Los Angeles, CA 90002,1639 E 90th ST
Los Angeles, CA 90002,1639 E 90th ST
Los Angeles, CA 90002,1639 E 90th ST
Los Angeles, CA 90002,1639 E 90th ST
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$840,000

$819,900

2.5%
Est.Price: ?

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Est. payment /mo

5 Beds

3 Baths

1,540 SqFt


SOLD DATE : 12/11/2024

Key Details

Sold Price $840,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,540 sqft

Price per Sqft $545

MLS Listing ID SR24212131

Sold Date 12/11/24

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1910

Lot Size 7,148 Sqft

Property Description

**Attention Investors & Savvy owner-occupied buyers alike! Exceptional Investment Opportunity! VACANT!!! Spacious, permitted legal duplex—plus an additional third unit—is now available on a generous 7,146 sq. ft. lot. Zoned LACR2 plans already in place for two additional Accessory Dwelling Units (ADUs) totaling additional 1,000 sq. ft.to be added 2 two bedrooms, this property is primed for growth. Alley access provides separate rear entry. The owner completed a full remodel of the entire property, including all new roof and all-new plumbing under the house. The kitchen features fresh white cabinets with quartz countertops, and both the interior and exterior have been freshly painted. Updated lighting fixtures, electrical panels, new shower fixtures, bathroom vanities enhance the property, along with new waterproof vinyl flooring and metal fencing. Current rental estimates are promising: the front unit could generate $2,500+, while the back 2-bedroom, 1-bath unit may yield around $4,000, along with an additional studio in the spacious backyard. This totals approximately $6,500 per month! Alternatively, the studio foot print is permitted but the unit count is not. Rent the two larger units for a total of $5,000 monthly. Approved ADUs expected to add another $5,000+ monthly, this property represents a significant cash flow opportunity. *Key Features:* Separate water and gas meters for 2 unit, minimizing overhead costs. Two separate driveway entrances: a front driveway accommodating up to 2-4 vehicles and a rear driveway for 4. A large, fenced backyard ready for your vision. Conveniently located near freeways and major transportation including the Metro Blue Line. It's also across Washington Park, schools, vibrant Avalon Gardens and Hacienda Village neighborhoods. Being just outside Los Angeles city limits! means less restrictive regulations for development. Architectural and engineering plans included, most permits already paid. The buyer can easily transfer plans right before construction. Build now or later—the choice is yours! Don’t miss this incredible investment opportunity! Property functions effectively as a triplex, as the front units have been split to create two separate units. Enjoy a quiet street just a short walk from an arts academy, a large park with soccer field, basketball courts, pools, and the Washington Park Center. Don’t let this incredible investment slip away! Seize the chance to transform your future and create lasting legacy today!

Location

State CA

County Los Angeles

Area Watt - Watts

Zoning LCR2*

Rooms

Main Level Bedrooms 5

Interior

Interior Features All Bedrooms Down

Heating Electric

Cooling None

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup, Laundry Closet, Outside

Exterior

Parking Features Controlled Entrance, Driveway

Pool None

Community Features Dog Park, Park

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Private Pool No

Building

Lot Description Street Level

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 6044005037

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Mohamed Hassan • NextHome Milestone • 818-741-6969
Bought with Marvin Garcia • Remax Innovative
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+1(805) 242-2114

alana@soldbyalanaking.com

Paso Robles, CA, 93446, USA

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