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1138 S Duncan Avenue

East Los Angeles, CA 90022
  • $719,900
  • STATUS: Active
  • ON SITE: 128 Days
  • ID#: PW23139928
$719,900
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1923
County:

School Ratings & Info

Listing Agent(s): James Oronoz of Reliance Real Estate Services (714-255-1554)


Description

Welcome to 1138 Duncan Ave. in East Los Angeles, where an excellent investment opportunity awaits! This property presents a unique chance to live in one home while renting out the other, providing both a place to call home and a steady rental income. Situated amidst a blend of single-family and duplex homes, this property stands out with its two separate homes on a single lot. The front single-level home boasts a comfortable layout featuring 2 bedrooms, 1 bathroom, a family room, and a well-appointed kitchen, ensuring a cozy and functional living space for its residents.Adding to the property's appeal, the rear unit offers 1 bedroom, 1 bathroom, a spacious living room, and a functional kitchen, providing a comfortable space for tenants seeking their own private living arrangement. Tenants and residents alike will appreciate the ample parking available at the front of the property, ensuring convenience and ease of access for everyone residing here. Moreover, this property's location is a definite plus. It enjoys close proximity to the 710/60 freeways, making commuting and traveling a breeze. Schools, shopping centers, markets, and public transportation options are all conveniently nearby, providing easy access to essential amenities and services. With a touch of sweat equity and some thoughtful renovations, this property holds tremendous potential for its next owner. Whether you're an investor seeking a reliable rental income or a homeowner looking for an opportunity to live comfortably while earning extra income, 1138 Duncan Ave. offers the best of both worlds. Don't miss out on this chance to acquire a versatile property with great potential in a well-connected and vibrant neighborhood. Take advantage of this opportunity and make 1138 Duncan Ave. your next investment move!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/141946685
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1138 S Duncan Avenue East Los Angeles, CA 90022

  • Price: $719,900
  • Status: Active
  • On Site: 128 Days
  • ID#: PW23139928
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1923
Built
Neighborhood:
ELA - East Los Angeles
County:
Los Angeles
Area:
ELA - East Los Angeles
Property Description
Welcome to 1138 Duncan Ave. in East Los Angeles, where an excellent investment opportunity awaits! This property presents a unique chance to live in one home while renting out the other, providing both a place to call home and a steady rental income. Situated amidst a blend of single-family and duplex homes, this property stands out with its two separate homes on a single lot. The front single-level home boasts a comfortable layout featuring 2 bedrooms, 1 bathroom, a family room, and a well-appointed kitchen, ensuring a cozy and functional living space for its residents.Adding to the property's appeal, the rear unit offers 1 bedroom, 1 bathroom, a spacious living room, and a functional kitchen, providing a comfortable space for tenants seeking their own private living arrangement. Tenants and residents alike will appreciate the ample parking available at the front of the property, ensuring convenience and ease of access for everyone residing here. Moreover, this property's location is a definite plus. It enjoys close proximity to the 710/60 freeways, making commuting and traveling a breeze. Schools, shopping centers, markets, and public transportation options are all conveniently nearby, providing easy access to essential amenities and services. With a touch of sweat equity and some thoughtful renovations, this property holds tremendous potential for its next owner. Whether you're an investor seeking a reliable rental income or a homeowner looking for an opportunity to live comfortably while earning extra income, 1138 Duncan Ave. offers the best of both worlds. Don't miss out on this chance to acquire a versatile property with great potential in a well-connected and vibrant neighborhood. Take advantage of this opportunity and make 1138 Duncan Ave. your next investment move!
Exterior Features

Architectural Style Traditional Construction Materials Stucco Direction Faces East Entry Level 1 Entry Location Front Lot Features LevelRectangular Lot Number Of Separate Electric Meters 2 Open Parking Spaces 4 Other Structures Two On A Lot Parking Features Driveway LevelOn SitePrivateUncovered Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes Interior Features UnfurnishedAll Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 3.9 Common Interest None Community Features Street LightsSidewalksUrban Contingency None Electric Standard Exclusions Tenants Personal Belongings Garage YN No Gross Income 30600 Gross Scheduled Income 30600 Insurance Expense 774 Land Lease YN No Laundry Features None Lease Term Month To Month Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 28226 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 2334 Possession Close Of Escrow Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Trash Expense 0 Utilities Natural Gas AvailableNatural Gas ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected Water Sewer Expense 1560 Water Source Public Zoning Lcm1*



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371739951-4.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371739951-4.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_371739951-4.jpg
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): James Oronoz of Reliance Real Estate Services (714-255-1554)