We are pleased to present the opportunity to acquire 2056 W 67th Street, a fully occupied duplex located in the Van Ness neighborhood of South Los Angeles. The property presents an attractive opportunity to acquire a multifamily asset with stable in-place occupancy and future upside potential or the opportunity to… Read More operate as owner/user by moving into one of the units. In either case, there is the potential opportunity to add an ADU for additional income (Buyer to verify). Built in 1925, the property features three structures including two separate units and one 2-car detached garage. The 1,465 square feet of building area includes a front 2-bedroom /1-bathroom unit and a rear 1-bedroom /1-bathroom unit with private access, creating separation and functionality between occupants. The rear unit has benefited from recent interior improvements including updated flooring, cabinetry, and additional cosmetic enhancements. The property is individually metered for gas and electricity, providing operational efficiency and simplified utility management.Located three blocks west of S. Western Ave. and four block north of W. Florence Ave, the property is ideally positioned in South Los Angeles and benefits from proximity to major public transportation, educational institutions, and transportation corridors, providing convenient access throughout Los Angeles. Read Less
Property listed by Marcus & Millichap, Sevak Keshishian 818-212-2700
Listing Snapshot
Days Online
8
Last Updated
Beds
4
3/4 Baths
2
Square Ft.
1,465
Lot Size
0.12 Acres
Year Built
1925
MLS Number
26857907
Additional Details
Building
Built in 1925, Living area: 1465.0, 2 buildings, Levels: One
Cooling
None
Heating
WallFurnace
Income
Gross Income: $52,248, Net Operating Income: $32,335
Lot
0.1217 acres, Dimensions: 54x99
Parking
Private
Taxes
Parcel Number: 6016021019, Zoning: LAR1
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Based on information from California Regional Multiple Listing Service, Inc. as of 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.
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