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Listed by Isidora (Doris) Rivera • Equity Smart Home Loans, Inc
$ 850,000
Est. payment | /mo
3 Beds
2 Baths
1,140 SqFt
$ 850,000
Est. payment | /mo
3 Beds
2 Baths
1,140 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,140 sqft
Price per Sqft $745
MLS Listing ID SB-26016609
Bedrooms 3
Full Baths 2
Year Built 1957
Lot Size 7,613 Sqft
Property Sub-Type Single Family Residence
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Dream Opportunity – Extra Income Property
This well-maintained property offers strong current income with excellent upside potential. It includes a small auxiliary unit suitable for office use, plus additional income-producing units. The garage has been converted into a full studio generating and there is one additional one-bedroom unit . The units are occupied, who will vacate the premises at close of escrow or sooner,,m, providing flexibility for owner occupancy or investment use. The new owner may increase rents, subject to market conditions. The County of Los Angeles has recently shown increased flexibility regarding permitting for garage conversions. Buyers are encouraged to verify legalization and permit status directly with the city. The main residence features three (3) bedrooms and two (2) bathrooms and is in good ,,, Up to $150,000 in down payment assistance program cut be available with L.A County, (subject to eligibility).. Zero down payment options available. FHA financing or up to $10,000 toward closing costs, subject to buyer qualification. Offers must include Proof of Funds and a pre-approval letter with FICO scores. Buyer to conduct their own due diligence regarding all aspects of the property.
This well-maintained property offers strong current income with excellent upside potential. It includes a small auxiliary unit suitable for office use, plus additional income-producing units. The garage has been converted into a full studio generating and there is one additional one-bedroom unit . The units are occupied, who will vacate the premises at close of escrow or sooner,,m, providing flexibility for owner occupancy or investment use. The new owner may increase rents, subject to market conditions. The County of Los Angeles has recently shown increased flexibility regarding permitting for garage conversions. Buyers are encouraged to verify legalization and permit status directly with the city. The main residence features three (3) bedrooms and two (2) bathrooms and is in good ,,, Up to $150,000 in down payment assistance program cut be available with L.A County, (subject to eligibility).. Zero down payment options available. FHA financing or up to $10,000 toward closing costs, subject to buyer qualification. Offers must include Proof of Funds and a pre-approval letter with FICO scores. Buyer to conduct their own due diligence regarding all aspects of the property.
Location
State CA
County Los Angeles
Area Arl - Arleta
Interior
Interior Features Storage, Kitchen Open to Family Room
Cooling None
Fireplaces Type None
Laundry Individual Room, Washer Hookup
Exterior
Garage Spaces 2.0
Pool None
Community Features Valley
Utilities Available Other, Cable Available, Electricity Connected
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Unknown