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Key Details
Sold Price $902,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR22105878
Sold Date 07/08/22
HOA Y/N No
Year Built 1951
Lot Size 0.261 Acres
Property Description
Great Income Opportunity in A Prime Lake Balboa Location. Two Homes on an 11,350 Sq Ft. Corner Lot! Live In One and Rent the Other OR Rent Both!
Main House Is 1,064 Sq. Ft. 3 Bedroom, 1 Bath FIXER with Hardwood Floors. 2-Car Garage, RV and Boat Access! Needs Some TLC! Bring Your Imagination and Your Contractor!
Permitted Guest House Is Approximately 840 Square Feet. It Boasts 2 Bedrooms, 1 Bath, Completely Remodeled Kitchen with Recessed Lighting, New Cabinets, New Countertops, New Flooring, New Bluetooth Samsung Oven/Range and Stainless Farmhouse Sink. Also Has Its Own Laundry Area Inside Unit, Off Street Parking. And a Private, Gated, Landscaped Backyard. It Is Currently Under 12-Month Lease with A Great Tenant as of 11/2021 At $2,400/Month.
Close Proximity to Award Winning Schools, Balboa Lake, Balboa Park, Biking Trails, Golf Courses, Shopping, Restaurants, And The 101 And 405 Freeways!
Location
State CA
County Los Angeles
Area Lkbl - Lake Balboa
Zoning LAR1
Rooms
Other Rooms Guest House, Two On A Lot
Interior
Fireplace No
Laundry Inside
Exterior
Parking Features Garage, RV Gated, RV Access/Parking
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Biking, Curbs, Dog Park, Fishing, Golf, Lake, Park, Sidewalks, Valley
Total Parking Spaces 2
Private Pool No
Building
Lot Description Front Yard, Rectangular Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Additional Building Guest House, Two On A Lot
New Construction No
Others
Senior Community No
Tax ID 2229005001
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Rafael Cohen • Rafael & Associates Co.
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