127 129 S Townsend, Los Angeles, CA 90063
- $925,000
- Sold Price
- $925,000
- List Price
- $950,000
- Closing Date
- Feb 27, 2026
- Status
- CLOSED
- MLS#
- DW25254780
- Year Built
- 1940
- Lot Size
- 6,777
- Acres
- 0.16
- Lot Location
- 2-5 Units/Acre, Near Public Transit, Paved, Walkstreet, Yard
- Days on Market
- 47
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- One Level
Property Description
INVESTMENT OPPORTUNITY! Exceptional LCR2 ZONED Duplex located in a high-demand East Los Angeles corridor near DTLA. This substantial 2,382 square foot income property sits on an oversized 6,775 square foot lot, maximizing land value. IMMEDIATE CASH FLOW is secured by the rear 4BR/2BA unit which is currently tenant-occupied. SIGNIFICANT VALUE-ADD POTENTIAL exists with the front 3BR/2BA unit, which is VACANT and rent-ready for immediate lease-up at market rates. This is a rare chance to acquire significant square footage and land in a rapidly appreciating market. Showings are strictly by appointment only. DO NOT DISTURB OCCUPANTS. Property sold AS-IS.
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Additional Information
- Pool Description
- None
- Heat
- Natural Gas
- Cooling Description
- None
- View
- None
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $94,800
- Operating Expense
- 12607
- Garage Spaces
- 2
- Levels
- One
- Parking Spaces
- 6
Listing courtesy of Listing Agent: Alberto A Romero Meza (aarm2099@gmail.com) from Listing Office: Good Opportunity Company Inc..
Listing sold by Alberto A Romero Meza from Good Opportunity Company Inc.
Mortgage Calculator
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.