435 South Mcdonnell, Los Angeles, CA 90022

$710,000
5
BD
3
BA
2,012
SqFt

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List Price
$710,000
Status
ACTIVE
MLS#
CV-26191413
Year Built
1930
Bedrooms
5
Bathrooms
3
Living Sq. Ft
2,012
Lot Size
7,003
Days on Market
40
Property Type
Multifamily
Stories
1

Property Description

*DUPLEX IN THE HEART OF EAST LOS ANGELES – VALUE-ADD OPPORTUNITY!* Excellent opportunity for an investor, contractor, or owner-user! Unit 1 offers approximately 1,200 sq. ft. with 3 bedrooms, 1.5 baths, laundry room, and a detached 2-car garage. Unit 1 will be sold tenant occupied. Unit 2 is approximately 812 sq. ft., was formerly used as a storefront and is currently used for storage. It will be delivered empty at close of escrow, creating a rare blank canvas for a buyer ready to reimagine the space. Unit 2 is a true fixer with tremendous potential. The property may also offer potential for an ADU and JADU in the rear, providing an opportunity to maximize the lot and potentially create additional living space or rental income, subject to applicable approvals. Property will NOT qualify for FHA due to Unit 2 condition. Conveniently located in the heart of East L.A. near shopping, dining, transportation and major freeways. **PROPERTY SOLD AS-IS. Seller will not make repairs or provide credits for repairs. Buyer to independently verify all information, including square footage, bedroom/bath count, current and prior uses, permits, zoning, ADU/JADU feasibility and development potential with the appropriate governmental agencies. *DO NOT DISTURB OCCUPANTS. BY APPOINTMENT ONLY! INTERESTED BUYERS MUST BE PRE-APPROVED PRIOR TO SCHEDULING AN APPOINTMENT.*

Additional Information

Land Lease Type
Fee
Fireplace Description
None
View
Mountain(s)
Parking
Garage, Garage - Single Door, Garage Faces Front, On Site
Garage Spaces Total
2

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Calculator source: Real Geeks

Listing courtesy of COLDWELL BANKER LEADERS.