452 South Sydney Drive, Los Angeles, CA 90022

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List Price
$899,000
Status
PENDING
MLS#
CV-24024074
Year Built
1924
Living Sq. Ft
2,284
Lot Size
11,426
Lot Location
Back Yard, Front Yard, Rectangular Lot, Paved, 2-5 Units/Acre, Lot 10000-19999 Sqft, Level with Street
Days on Market
64
Property Type
Multifamily
Stories
1

Property Description

***PRICE REDUCTION*** Welcome to a fantastic investment opportunity! This property presents a newly painted, turnkey front home featuring newer laminate flooring, a spacious living room, dining room, and a large kitchen with laundry hookup and recessed lighting. The front home boasts three bedrooms, one full bathroom, and a convenient half bathroom (may or may not be permitted), with fresh paint and newer windows. Front property offers secured gated area adding privacy. In addition to the front home, there are two back units: one lower level and one upper level, each comprising one bedroom, one bathroom, kitchen, living room, and laundry hook-ups. Both units come equipped with wall AC and heating. Situated on a spacious lot, this property offers ample room for potential ADU building and/or additional unit/s, providing endless possibilities for expansion. Parking is a breeze with plenty of space at the rear of the lot - parking space for approximately 5-6 vehicles, and the front home comes with three dedicated parking spaces. Additional storage/utility room located at the rear of front property. Conveniently located near the 710 freeway, this is an ideal investment for those seeking a versatile property with potential for future development. The front home is available, making it ready for immediate leasing or move-in. Don't miss out on this great opportunity to add value to your investment portfolio!

Additional Information

Land Lease Type
Fee
Lot Description
Back Yard, Front Yard, Rectangular Lot, Paved, 2-5 Units/Acre, Lot 10000-19999 Sqft, Level with Street
Other Buildings
Storage, Workshop
Appliances
Dishwasher, Water Heater
Fireplace Description
None
View
Neighborhood
Parking
Gated

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Listing courtesy of VISMAR REAL ESTATE.