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Key Details
Sold Price $940,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IG19111079
Sold Date 08/23/19
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1951
Lot Size 7,453 Sqft
Property Description
Perfect opportunity in Reseda to purchase two houses on one lot each w/ their own address & utility meters.18812- Has been remodeled-18814 is a 2019 New Build.Rents for both houses will bring in approx.6200 a month,estimated 7% cap rate.This is also a great opportunity for that buyer looking for a cash flow property as well as a property to live in.18812-Is a single story approx 1562 sq ft w/ 3 bedrooms,2 bathrooms an open living area w/ a brick mantel fireplace, new laminate floors throughout, new interior/exterior pant and new fixtures throughout. Kitchen is open and has new quartz counters and designer back-splash, new white cabinets,new stainless steel appliances & new fixture and opens to the dining area. Hall bathroom has new vanity,floor to ceiling tile w/ tiled shower/tub and new fixtures.18814- Brand new construction single story 1283 sq ft w/ 3 bedrooms,2.5 bathrooms & 2 car attached garage.Nice open floor plan w/ family room that opens to the kitchen and dining area.Kitchen has white self closing shaker cabinets,quartz counters & stainless steel appliances.Laminate floors throughout.Bathrooms have new vanities,new quartz count tops,new tiled floors,tiled shower/tub &new fixtures.Both properties have laundry hook ups,central heat/AC.Front & rear yard has new sod & plants.Close to shops and restaurants.
Location
State CA
County Los Angeles
Area Res - Reseda
Zoning LAR1
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Laminate, Tile
Fireplace No
Appliance Dishwasher, Disposal, Gas Oven, Microwave
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
Total Parking Spaces 4
Private Pool No
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 2118023014
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Financing Cash
Special Listing Condition Standard
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Bought with Alec Bogossian • JohnHart Real Estate