Courtesy of: Marilee Haley 01721710 | | Power Brokers International
Days On Market: 135
Square Footage: 3,186 Sq ft
Address: 3511 W 21ST ST
County: Los Angeles
City: Los Angeles
Neighborhood: Mid Los Angeles
This enchanting Craftsman Duplex is located in a beautiful, historical area of Arlington Heights, outside the HPOZ. This spacious 3,186 sq. ft., home sits on a large 7,490 sq. ft., beautifully landscaped corner lot. Both units are separately metered. The detached rear 1 bedroom, 1 bath home at 3511 W. 21st St., was remodeled in 2018, with permits. New flooring, fixtures, updated kitchen, bathroom, dining room, living room, washer/dryer inside the unit, with a front and rear entrance, proforma rent $2,500. Property has a detached side by side, 2 car garage w/driveway, and additional parking inside the gate, (2 cars or RV). For additional income the detached garage could be converted into an ADU, (Accessory dwelling Unit). The back yard has a gazebo with a fire pit and BBQ grill. The main home at 2025 5th Avenue features typical Craftsman style fireplace, wood door/window frames and wood flooring throughout. Light bright airy kitchen with white cabinets, granite counter tops and white tile flooring, with an office off the kitchen, new plumbing, electrical, ceiling fans, fixtures and built in cabinets, HVAC, laundry room with a washer/dryer. There is a bedroom downstairs with three/quarter bath and a patio deck off the room, 4 bedrooms upstairs plus a "sun room" currently used as a bedroom, full bath with tiled floors. All bedrooms have wonderful views, an enclosed patio downstairs, with another set of stairs leading down to the basement. Enhanced in 2018, designed to provide a comfortable LA lifestyle. This property is currently used as a non alcohol/drug free environment, long term tenants and an onsite house manager. Ad value with instant passive income! Current 4.9% cap rate. Ideal for an owner user w/upside in rents, student housing, (12 minutes from USC), or your family dream home with extended family living in the rear house. So much potential! Buyer to cooperate with sellers exchange, sold as is.
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