Property Detail

Description

NO RENT CONTROL! Excellent Investment Opportunity — Best Current Rate of Return in the Area! This rare, legal duplex includes a fully permitted ADU, offering a unique opportunity for investors to achieve above-average returns or for owner-occupants to live in one unit while the other two help pay the mortgage. The detached duplex units (944 and 946) were built in 1998, and the ADU was constructed in 2023. All three units are currently tenant-occupied. Each duplex unit features 3 bedrooms and 2 bathrooms. The ADU offers 3 bedrooms and 1 bathroom. The ADU is rented for $3,000 per month. The ADU was built in 2023, has its own postal address and is in good condition. Unit 946 is also in good condition, while Unit 944 could benefit from some cosmetic improvements. Covered parking is available beneath the ADU. Each unit has its own laundry hookups, as well as separate gas and electric meters. This property is conveniently located near Downtown LA, USC, L.A. Live, museums, Crypto.com Arena, the convention center, LAX, SoFi Stadium, and the YouTube Theater.