1852 W Jefferson Boulevard, Los Angeles, CA 90018
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Listed Price :
$920,000
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Beds :
8
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Baths :
4
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Property Size :
2,550 sqft
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Year Built :
1914
Property Description
Great Live one unit rent out the other! Great potential cap rate! (9.6) GRM! (9.4), Great zoning! (C-2 TOC 3) This Duplex located in the Jefferson Park neighborhood possesses 8 bedrooms and 4 bathrooms! Each unit has 4 bedrooms and 2 bathrooms and are both over 1225 square feet a piece for a total of 2550 sq feet and the lot is big at 6496 square feet. This duplex is perfect live in one unit and rent out the other type of property, it is also great for investors who want to make more rents, according to HACLA, section 8 is paying $4320 per month for 4 bedrooms. This property is section 8 approved which means with new tenants you could potentially get $8640 in rents which would translate into $103680 in total rents and a 9.6 cap rate and 9.4 GRM! This is also great for developers as the zoning is C-2 With a TOC 3 density bonus, this has so many uses that it's a great deal for almost everyone.
Interior Features
Bedroom Information |
Bedrooms |
8 |
Bathroom Information |
Bathrooms |
4 |
Listing Information
Address |
1852 W Jefferson Boulevard |
City |
Los Angeles |
State |
CA |
Zip |
90018 |
County |
Los Angeles |
Listing Agent |
Mark King DRE #02139777 |
Courtesy Of |
Big Block Platinum |
List Price |
$920,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
2,550 |
Lot Size |
6,496 |
Year Built |
1914 |
Listing information courtesy of: Mark King, Big Block Platinum. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 5th, 2024 at 1:12 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.