Property Detail

Description

For investors seeking an occupied rental with current market-rate income and a longer-term foothold in Los Angeles and growing El Sereno real estate, this property presents a compelling opportunity. Newly leased at market rate to reliable tenants, this well-maintained 3-bedroom, 2-bath home offers rental income from day one, with an established tenancy already in place. An appealing addition to a rental portfolio, the property merits consideration for investors pursuing an intermediate-term hold or a long-term ownership strategy. Seller willing to cooperate with a buyer’s 1031 exchange. All specifics subject to mutually agreeable terms. Built in 2005 and situated on a quiet cul-de-sac, the home combines privacy, sweeping San Gabriel Valley views, and convenient access to Downtown Los Angeles, Highland Park, Pasadena, and Cal State LA. Its elevated setting and spacious hillside lot offer a distinctive rental proposition in the connected 90032 neighborhood. Vaulted ceilings, abundant natural light, and recent improvements—including vinyl wood flooring and fresh interior paint—enhance the home’s rental appeal. A large two-car garage and two additional driveway spaces further distinguish the property, while automatic sprinklers support landscape upkeep.