Los Angeles, CA 90022,623 S Mcdonnell AVE
Los Angeles, CA 90022,623 S Mcdonnell AVE
Los Angeles, CA 90022,623 S Mcdonnell AVE
Los Angeles, CA 90022,623 S Mcdonnell AVE
Los Angeles, CA 90022,623 S Mcdonnell AVE
Los Angeles, CA 90022,623 S Mcdonnell AVE
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$740,000

$724,999

2.1%
Est.Price: ?

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Est. payment /mo

1,576 SqFt


SOLD DATE : 08/07/2024

Key Details

Sold Price $740,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,576 sqft

Price per Sqft $469

MLS Listing ID DW24121394

Sold Date 08/07/24

HOA Y/N No

Year Built 1927

Lot Size 6,795 Sqft

Acres 0.156

Property Description

Discover this fantastic investment opportunity with two detached units in a prime rental neighborhood of Los Angeles. The front unit offers a cozy 2 bedrooms and 1 bathroom, while the back unit provides a comfortable 1 bedroom and 1 bathroom. Tenants benefit from ample parking and convenient laundry hookups. Tenants cover their own electricity and gas, & water. Despite excellent property management by the owner, rental rates have remained conservative, presenting the next owner with incredible potential for increased income. Perfectly located just minutes from transportation, freeways, restaurants, shopping, and much more

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LCR2YY

Rooms

Ensuite Laundry Electric Dryer Hookup, Gas Dryer Hookup

Interior

Laundry Location Electric Dryer Hookup,Gas Dryer Hookup

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Urban

Total Parking Spaces 1

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5247015030

Acceptable Financing Conventional, 1031 Exchange, FHA

Listing Terms Conventional, 1031 Exchange, FHA

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jerry Mercado • Realty Executives Com. & Res. • 626-205-8539
Bought with Fulvia Garcia • Century 21 LOTUS
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