$750,000
$690,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
7613 WALNUT DR Los Angeles, CA 90001
4 Beds
2 Baths
1,347 SqFt
Key Details
Sold Price $750,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,347 sqft
Price per Sqft $556
MLS Listing ID 22155677
Sold Date 09/22/22
Bedrooms 4
HOA Y/N No
Year Built 1948
Lot Size 6,512 Sqft
Property Description
Attention Investors: Soaring rents in Los Angeles have made properties like this a cash goldmine. Here is your chance to set yourself up for that dream retirement by investing in this light and lucrative property which has been tastefully remodeled with high-design finishes and details throughout. You start to swoon as soon as you pull onto the tree-lined street in Walnut Park, knowing you're walking distance from schools, Plaza La Alameda, restaurants, transportation (Metro Blue Line), and in close proximity to the 110, 105 & 10 freeway. Also nearby is the Franklin D. Roosevelt Park and Florence Library. Just imagine how happy tenants will be waking up on the weekends and being able to stroll down to the Huntington Park Farmer's Market! There are also convenience and grocery stores within walking distance for those mid-week shopping trips. What makes this gorgeous duplex so special is that there are two separate houses on the property with a shared yard with an Avocado tree. In total, there is 1,347 square feet with 3 garage spots and additional parking available for 6-7 cars. However, the true beauty of this property is the fact that the back unit with two bedrooms, one bath, and a one-car garage, and that unit will be delivered with a paying tenant in place while the front unit is vacant. Wait until you walk through the front unit with custom walnut cabinetry, travertine countertops, new appliances, and a two-car garage because you're going to want to move in - which you could easily do if you're looking to eliminate your own housing payment! Yes, you could live in the front unit while the back tenant covers your mortgage or find a new tenant to move in that will pay the current market max value on rent. Units like this, with these kinds of upgrades, and in a location with so much to offer are very hard to come by in a regular market but especially in one like this which means you won't ever have problems keeping happy, paying tenants in either of these well-maintained units. Either way, this investment property is a no-brainer regardless of where you are in your real estate journey! Book your private tour today and come see for yourself how life-changing this property will be for you and your family.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LCR2YY
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Fireplaces Type None
Fireplace No
Appliance Disposal, Refrigerator
Exterior
Parking Features Door-Multi, Door-Single, Garage
Garage Spaces 3.0
Garage Description 3.0
View Y/N No
View None
Total Parking Spaces 8
Building
Story 1
New Construction No
Others
Senior Community No
Tax ID 6025006030
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard
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Bought with Daniel Overton KW Advisors

