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Key Details
Sold Price $825,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IG19259366
Sold Date 12/27/19
HOA Y/N No
Year Built 1953
Lot Size 7,405 Sqft
Property Sub-Type Single Family Residence
Property Description
Two houses on a lot with separate addresses. Talk about opportunity, these two properties boast approx 2100 total sq ft with 5 bedrooms & 4 bathrooms total. Each property has their own separate gas and electric meter and 1 shared water meter. You could live in one property and rent out the other or makes for a great investment opportunity with a potential 6% cap rate by renting out both units.Front house 19525- Has been remodeled and is approx 900 sq ft with 2 bedrooms and 1 full bathroom. Great curb appeal and inside you will be amazed by the natural sunlight throughout the living room and kitchen. The kitchen features new new counter tops and new stainless steel appliances. A hallway leads to the bedrooms serviced by a hallway bathroom with new vanity, new tiled floor and tiled shower/tub. Central heat and air, inside laundry room, new interior/exterior paint and freshly stained wood floors throughout. Has potential for up to 4 parking spaces on top of the 2 car garage. 2nd property 19527- Is a permitted 2019 ADU (accessory dwelling unit) new build,features 1200 sq ft, 3 bedrooms,2.5 bathrooms, w/ attached 2 car garage.Kitchen with various cabinets for ample storage, quartz countertops and stainless steel appliances. Laminate floors through out, central heat and AC, and inside laundry hook ups. Front home has the possibility to rent for $2500/ month while the back home has the possibility to rent for $3300/month for a combined total of $69,600/year.
Location
State CA
County Los Angeles
Area Res - Reseda
Zoning LARS
Interior
Heating Central
Cooling Central Air
Flooring Laminate, Tile, Wood
Fireplace No
Laundry Inside
Exterior
Garage Spaces 2.0
Carport Spaces 3
Garage Description 2.0
Pool None
Community Features Curbs
Total Parking Spaces 5
Private Pool No
Building
Story 1
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 2105009022
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Alaura Clennon • Griffin Real Estate, Inc.
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Adrian Castillo
Principal/Realtor | CA DRE#01308935
Principal/Realtor CA DRE#01308935