Description
This income property in a dynamic Mid-Wilshire location at the center of a thriving community is a wonderful investment opportunity. Built in 1918 this duplex has 1,826+/- sq.ft. on 5,698 sq.ft. lot with LAR3 zoning. The duplex consists of (1) 3bd/2bth unit and (1) 1bd/1bth unit - tenants pay their own utilities. The property offers the charm of 1918 California Bungalow with the front house featuring a arched entry, front porch, and fireplace. The spacious outdoor space also has a long driveway for ample parking, and low-maintenance grounds. This prime location is close to all that Mid-Wilshire and Koreatown have to offer. In close proximity to the Wilshire/Vermont Metro Station, the Metro B Line (Red), and DASH - and just moments from the 101 and 110 freeways providing easy access to get around the city. The business rich Mid-Wilshire area is highly desirable for rentals with consistent demand for housing, surrounded by the diverse and robust Los Angeles economy - all help to maintain and grow the vibrant population. This premier duplex brings established residential tenants in a booming market for long term growth or may offer the opportunity for adding an Accessory Dwelling Unit or the development of a new project.
