5607 Smiley, Los Angeles, CA 90016

$975,000

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List Price
$975,000
Status
ACTIVE UNDER CONTRACT
MLS#
SB26097682
Year Built
1961
Lot Size
4,801
Acres
0.11
Lot Location
2-5 Units/Acre
Days on Market
89
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

Great Opportunity for Investors and Developers. This two unit property has a separate 2bedroom 1bath front unit and very large 1 bedroom 1 bath unit upstairs over the car ports, laundry room and bonus room. The bonus room also has .75 bath and kitchenette. The 1 bedroom 1 bath could be converted to a 2 bedroom 1 bath unit, and the area beneath the 1 bedroom 1 bath could possibly be converted to a 2 bedroom 1 bath unit directly underneath. This property could be developed into a 3 unit building with all units becoming 2 bedrooms and 1 bath. The rents in the area are $2,800 - $3,500 per.

Additional Information

Pool Description
None
Heat
Central
Cooling Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Garage Spaces
2
Parking Spaces
2
Probate
Yes

Listing courtesy of Listing Agent: Anthony George (ageorge.inc@gmail.com) from Listing Office: Inheritance Realty Inc..

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.