Prime Duplex with Conversion Potential

$1,049,000
  • 477 m² Plot surface

Description

*** BIG CHANGE! *** Rear 2 bed unit is empty and painted **** FRONT unit (3 bd/2 ba) may also be empty soon too!!! *** Potential gross rents of $65,100 per year! Such a rare opportunity! Good-sized duplex (2,032 SF) with a perfect one level owners unit in the front with 3 larger bedrooms with 2 full bathrooms. ** Nice backyard that is currently concrete but could easily be a grassy green Oasis. ** Very quiet street. The condition is above average (new heaters, good roof, newer exterior stucco and paint, etc.) so no need to remodel anything. ** Tenants pay own gas and electric. ** There is room for four cars - two in the garage and two on the parking apron. The garage would make a perfect ADU, so you could create a triplex. ** This is the best priced duplex in Lomita as of the day of the listing. ** Grassy front yard which could easily be enclosed for kids or pets. ** This could even be converted into a 5 bed, 3 bath Single Family Residence!!

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Engel & Völkers

Your advisor: Nick Peters

Property ID: AM-5047654

Property details

Property type

Apartment

Plot surface

477 m²

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Engel & Völkers Los Angeles South Bay

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