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VACANT DUPLEX ON HUGE LOT - SELLER MOTIVATEDThis duplex is turnkey, vacant and located Mid-Wilshire/Silverlake Adjacent. Gated property with two units, 5 bedrooms and four bathrooms, two laundry rooms, two aircon units, solar panels owned by the property outright and over 10 parking spots on the property. It's on a HUGE lot with 7500 square feet of exterior space and is zoned for commercial/residential-MR1 zoning. You can also build two more ADU's on this lot under current zoning laws. This is the best investment opportunity in town, perfect for a primary residence with rental income. But wait, there's more...this property has an assumable FHA loan with an interest rate of 3.25%. It also qualifies for a $20k grant toward the down payment if you work with City National Bank and it qualifies for a $5000 grant toward closing costs through Chase Bank. There are no other investment properties like this on the market. Did I mention it's vacant on a huge lot? Reach out for more information about rental income opportunities. This lot is like no other on the market. Don't wait on this one. It's going off the market very soon.
Property Type(s):
Multi Family
| Last Updated | 2/5/2025 | Year Built | 1915 |
|---|---|---|---|
| Community | Mid-Wilshire | County | Los Angeles |
SCHOOLS
| School District | Los Angeles Unified |
|---|
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Gas Range, Gas Water Heater, Refrigerator |
| AREA | Mid-Wilshire |
| GARAGE | Carport, Covered, Driveway, Gated, One Space, Paved, Private, RV Access/Parking, RV Potential |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Down, Breakfast Bar, Granite Counters, Main Level Primary, Open Floorplan, Recessed Lighting, Walk-In Closet(s) |
| LOT | 7500 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre, Front Yard, Lawn, Level, Paved, Yard |
| PARKING | Covered,Carport,Driveway,Gated,Paved,Private,RV Potential,RV Access/Parking,One Space |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Craftsman |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | LAMR1 |
Location
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Listed with Compass
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