408 East 56th Street, Los Angeles, CA 90011
408 East 56th Street, Los Angeles, CA 90011
408 East 56th Street, Los Angeles, CA 90011
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John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Alvin Mullins • Your Home Team Real Estate
$949,900
Est. payment /mo
2,560 SqFt
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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,560 sqft

Price per Sqft $371

MLS Listing ID RS-24000946

Style Modern

Year Built 2010

Lot Size 5,096 Sqft

Property Sub-Type Duplex

Property Description

Attention Investors 6.5 Cap Rate! This duplex was built in 2008 and features two 4 bedroom 2 bath units that are in good condition. The upstairs unit is in good condition with 4 bedrooms and 2 baths, an updated kitchen with granite counters and newer cabinets, the downstairs unit is the same floor plan and is also in good condition, both units have inside laundry hook ups, the property has a long gated driveway with a large two car detached finished garage and parking for multiple other cars in the rear, the property is close to the 105, 10 and 110 freeways, USC, downtown, Mid city and lots of shopping. Expenses for water and insurance are estimated. We also have another duplex for sale with the same Cap Rate, floor plan built in 2008 at 238 E 73rd Street. Total gross income $79,000, total expenses $13,975, buyer accepts responsibility for verifying all information including expenses and income.

Location

State CA

County Los Angeles

Area 122 - Harbor Gateway

Zoning LAR2

Interior

Heating Central

Flooring Laminate

Laundry Individual Room, Inside

Exterior

Parking Features Driveway Level, Garage - Three Door, Garage Door Opener, Garage Faces Front, RV Access/Parking, RV Gated, Concrete

Garage Spaces 2.0

Pool None

Community Features Curbs, Sidewalks, Street Lights

View Y/N Yes

Building

Lot Description Front Yard, Level, Yard, Back Yard

Sewer Public Sewer

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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408 East 56th Street