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Listed by Ricky Lee • Ricky&Jessie Realty
$1,299,000
Est. payment /mo
6 Beds
5 Baths
3,186 SqFt
OPEN HOUSE
Sat Jul 19, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Duet
Listing Status Active
Purchase Type For Sale
Square Footage 3,186 sqft
Price per Sqft $407
MLS Listing ID CRTR25149021
Bedrooms 6
Full Baths 5
HOA Y/N No
Year Built 1988
Lot Size 6,473 Sqft
Property Sub-Type Duet
Source Datashare California Regional
Property Description
Just reduced by $40,000! Estimated **6% cap rate based on projected rents .Buyer to verify. Why settle for one when you can own two? For the price of a single home in Highland Park or Mt. Washington, this is your opportunity to own two fully remodeled, detached homes on one lot, each with its own address, private entrance, separate meters, and outdoor space—delivered 100% vacant and ready for immediate occupancy or rental.Ideal for both investors and owner-occupants, this versatile Lincoln Heights duplex offers projected rental income of approximately $8,500/month (rear unit: $4,600 / front unit: $3,900), delivering strong cash flow potential in a desirable, centrally located neighborhood.The front home (2BR + den / 2BA, approx. 1,206 sq ft, built in 1895) features a flexible bonus room that could serve as a 3rd bedroom or office, plus a private-entry bedroom ideal for a potential studio suite.The rear home (3BR / 2.75BA, approx. 1,980 sq ft, built in 1988) offers high ceilings, open layout, granite kitchen, spacious living areas, and a primary suite with en-suite bath. A 2-car attached garage adds convenience and value.Fully updated with separate gas and electric meters and a recorded parcel map. Conveniently located near DTLA, Keck USC, Highland Park, and Silver Lake. Seller
Location
State CA
County Los Angeles
Interior
Cooling Central Air, Other
Fireplaces Type None
Fireplace No
Laundry Gas Dryer Hookup, Other
Exterior
Garage Spaces 2.0
Pool None
View None
Private Pool false
Building
Lot Description Back Yard
Story 1
Water Public
Schools
School District Los Angeles Unified
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