506 N Poinsettia Place
Los Angeles, CA 90036
2303 sqft | 3 beds | 0.18 acres | #23243149
Description
Looking for a home that exudes charm and character while also offering a lucrative investment opportunity? Your search ends here with this exceptional offer to own a classic Spanish duplex on a sprawling 7700-square-foot lot. Built-in 1925, this side-by-side duplex offers timeless appeal and the potential for a 1031 Exchange opportunity, making it the perfect choice for those seeking both a dream home and a smart investment. Each unit has its own separate entrance, offering ample space for privacy and comfort. The two-bedroom, one-bathroom unit 508 will be delivered vacant, providing an excellent chance to customize and make it your own. Meanwhile, unit 506 features one bedroom and one bathroom and is currently occupied by a tenant who pays $2750 per month, presenting an attractive source of rental income. The backyard is generously sized, providing a perfect place to garden, play, or entertain. The detached garage is also a potential goldmine as it can be converted into an ADU, providing additional rental income for the savvy investor. This exceptional Spanish duplex boasts a unique vintage appeal and offers unlimited potential, making it the perfect opportunity for anyone looking for their dream home or a sound investment. Don't miss out on the chance to own this gem!
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Joey Rockenstein (#CLW-C127130)
Listing Office: Berkshire Hathaway HomeServices California Properties (#CLW-B1003106)
Listing Courtesy (Buyer)
Buyer's Agent: Robert Maynard (#CLW-C139626)
