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623 S Mcdonnell AVE Los Angeles, CA 90022
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Key Details
Sold Price $740,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW24121394
Sold Date 08/07/24
HOA Y/N No
Year Built 1927
Lot Size 6,795 Sqft
Property Sub-Type Duplex
Property Description
Discover this fantastic investment opportunity with two detached units in a prime rental neighborhood of Los Angeles. The front unit offers a cozy 2 bedrooms and 1 bathroom, while the back unit provides a comfortable 1 bedroom and 1 bathroom. Tenants benefit from ample parking and convenient laundry hookups. Tenants cover their own electricity and gas, & water. Despite excellent property management by the owner, rental rates have remained conservative, presenting the next owner with incredible potential for increased income. Perfectly located just minutes from transportation, freeways, restaurants, shopping, and much more
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LCR2YY
Interior
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Urban
Total Parking Spaces 1
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5247015030
Acceptable Financing Conventional, 1031 Exchange, FHA
Listing Terms Conventional, 1031 Exchange, FHA
Financing Conventional
Special Listing Condition Standard
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Bought with Fulvia Garcia Century 21 LOTUS
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