Property Detail

Description

AGENTS: PLEASE SEE PRIVATE REMARKS. NO RENT CONTROL! Exceptional investment opportunity offering one of the best current rates of return in the area! This rare, legally configured duplex with a fully permitted ADU presents strong income potential for investors, or an ideal setup for an owner-occupant to live in one unit while generating income from the others. The property includes two detached duplex units (944 & 946), built in 1998, along with a newer ADU constructed in 2023. All three units are currently tenant-occupied, providing immediate cash flow. Each duplex unit features 3 bedrooms and 2 bathrooms. The ADU offers 3 bedrooms and 1 bathroom and is currently leased at $3,000 per month. The ADU is in good condition, has its own postal address, and benefits from newer construction. Unit 946 is also well maintained, while Unit 944 offers an opportunity for cosmetic upgrades and value enhancement. Additional features include covered parking beneath the ADU, in-unit laundry hookups for each unit, and separate gas and electric meters for all units. Ideally located near Downtown Los Angeles, USC, L.A. Live, museums, Crypto.com Arena, the Convention Center, LAX, SoFi Stadium, and the YouTube Theater—this property combines strong income potential with a highly desirable central location.