425 N Eastern Avenue,Los Angeles, CA 90022
Los Angeles, CA 90022
Description
SELLER OFFERING $10,000 CREDIT TOWARD BUYER'S RATE BUYDOWN OR CLOSING COSTS!RARE OPPORTUNITY TWO FULLY REMODELED, VACANT HOMES ON ONE LOT! This exceptional East Los Angeles property offers incredible flexibility for owner-users, investors, multi-generational living, or buyers seeking rental income potential. Both residences are delivered VACANT and MOVE-IN READY, allowing the new owner to occupy one and rent the other, house extended family, or utilize both as income-producing properties. Comparable rentals in the area are approximately $2,500-$3,000 per month per unit (buyer to verify).Located in the unincorporated area of East Los Angeles, EACH HOME features 2 BEDROOMS, 1 BATHROOM, New kitchen, Living room and a private entrance, providing privacy and independence. Both residences have been extensively upgraded, including BRAND-NEW ROOF, REWIRED ELECTRICAL SYSTEM, REINFORCED FOUNDATION, UPDATED PLUMBING, LUXURY VINYL FLOORING, NEW KITCHEN CABINETS & COUNTERTOPS, REMODELED BATHROOMS, RECESSED LIGHTING, and FRESH INTERIOR & EXTERIOR PAINT, plus numerous additional improvements. The property also features a spacious, shaded backyard ideal for entertaining, recreation, or future development potential. Potential ADU opportunity buyer to independently verify with the appropriate agencies. A long driveway provides parking for up to 3 vehicles. Conveniently located near Cesar Chavez Avenue, with easy access to shopping, dining, public transportation, schools, and neighborhood amenities. Centrally positioned near the 5, 10, 60, and 710 freeways, offering convenient access throughout Los Angeles. Two vacant homes. Extensive renovations. Flexible living options. Rental income potential. $10,000 seller credit. Opportunities to purchase two turnkey residences on one lot are rarely available. Don't miss this unique East Los Angeles property!
Details
| MLS # | 26989485 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 10 |
| Listing Provided By | KRE8 Realty | Arvin Azaradibi |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,392 |
| Story(s) | 1 |
| Zoning | LCR3* |
| Acreage | 0.16 |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Heating | None |
| Heating Yes / No | No |
| Cooling Yes / No | No |
| Furnished | Unfurnished |
| Fireplace Yes / No | No |
Exterior
| Security Features | Smoke Detectors |
|---|
Parking
| Parking Features | Driveway |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90022 |
| Area | ELA East Los Angeles |
| Listing VS Median (in 90022) | |
Price: $729,000 low | high Med: $750,000 sqft: 1,392 low | high Med: 1,507 $ / sqft: $524 low | high Med: $498 On site: 10 low | high Med: 34 | |
Market Activity 90022
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90022 |
| Area | ELA East Los Angeles |
| Listing VS Median (in 90022) | |
Price: $729,000 low | high Med: $750,000 sqft: 1,392 low | high Med: 1,507 $ / sqft: $524 low | high Med: $498 On site: 10 low | high Med: 34 | |
