Property Detail

Description

Vintage Duplex in the Heart of Pico/Mid-WilshireLocated on a beautiful, well-maintained residential street in the highly desirable Pico/Mid-Wilshire area, this charming vintage duplex offers timeless character, immediate rental income, and exciting future potential. Both units are tenant-occupied, providing a combined monthly rental income of $4,562. The spacious two-bedroom, one-bath unit currently rents for $2,892 per month, while the one-bedroom, one-bath unit rents for $1,670 per month. Tenants are responsible for their own electricity, gas, and water expenses. Situated on an approximately 5,600-square-foot lot, the property features approximately 1,688 square feet of living space. Two separate parcel numbers may provide additional flexibility and potential for future expansion or redevelopment, subject to applicable zoning regulations, permits, and governmental approvals. Buyers are encouraged to independently verify all development possibilities. Conveniently located near USC, Exposition Park, Downtown Los Angeles, shopping, dining, public transportation, and major employment centers, with easy access to the 10 Freeway. This is an excellent opportunity for investors seeking steady rental income, long-term appreciation, and value-add potential in a centrally located Los Angeles neighborhood.