Excellent Opportunity to Own a Remodeled Duplex Situated on a Large Lot in a Great Neighborhood! The Huge Flat Lot Leaves Plenty of Room to Expand and Add Square Footage as well Potential for Adding an ADU. This is a Great Opportunity to Live in One Unit and Rent Out the Other, while Benefiting from the Supplemental Income. The Unit Mix Currently Represents a 2 Bedroom 1 Bath and a 1 Bedroom 1 Bath Unit, Each with their Own Interior Laundry as well as Two Detached Private Garages. Extensive Updates Recently Completed on the Two Bedroom Unit Include All New 15mm Flooring Throughout, Fresh Paint, New Interior Doors, New Baseboards & Window Casings, New Lighting and Plumbing Fixtures, Updated Kitchen with New Cabinets, Counter Tops, Appliances, Updated Bathroom, Custom Closets and Much More! The Quiet, Tree Lined Street Offers a Tranquil Residential Feel in a Very Convenient, South Lomita Location.
Property Sub Type:
Duplex
Property Attached:
Yes
Lot Area:
7,551 sq. ft.701.511 m2
Lot Details:
50X151
Bathrooms:
-
(Full:-, Half:-)
Year built:
1954
(Age: 69)
General Listing Location:
Lomita, 121 - Lomita
County Or Parish:
Los Angeles
Tenant Pays:
Electricity, Gas, Trash Collection
Common Interest:
None
Gross Income:
$0
Gross Scheduled Income:
$57,000
Net Operating Income:
$39,900
Rent Control:
Yes
Total Actual Rent:
$4,750
Association Fee:
$0
Land Lease:
No
Electric Expense:
$0
Fuel Expense:
$0
Insurance Expense:
$0
Operating Expense:
$17,100
Trash Expense:
$0
Water and Sewer Expense:
$0
Tax Lot:
50
West of Cypress East of Pennsylvania
Number of Buildings:
2
# of Electric Meters:
2
# of Gas Meters:
2
# of Water Meters:
1
# Units Leased:
2
Community Features:
Curbs, Storm Drain(s), Street Lights, Sidewalks
Senior Community:
No
Laundry Features:
Washer Hookup, Gas Dryer Hookup, Inside, In Kitchen