$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 Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,347 sqft
Price per Sqft $556
MLS Listing ID 22-155677
Sold Date 09/22/22
Style California Bungalow
Bedrooms 4
Year Built 1948
Lot Size 6,513 Sqft
Acres 0.1495
Property Sub-Type Multi-Family
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 Metropolitan South
Zoning LCR2YY
Rooms
Other Rooms None
Dining Room 1
Interior
Heating Wall
Cooling Ceiling Fan
Flooring Ceramic Tile
Fireplaces Type None
Equipment Ceiling Fan, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator
Exterior
Parking Features Garage Is Detached, Garage - 2 Car, Garage - 1 Car
Garage Spaces 8.0
View Y/N No
View None
Building
Story 1
Architectural Style California Bungalow
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with KW Advisors





