506 E 62nd Street, Los Angeles, CA 90003

Property Description

Excellent opportunity to own two detached homes on one lot in the heart of Los Angeles. Offering approximately 1,966 square feet of living space on a 5,401 square foot lot, this versatile duplex is ideal for investors, multigenerational living, or buyers looking to live in one unit while renting out the other. The front home features 3 bedrooms and 2 bathrooms, while the rear unit offers 2 bedrooms and 1 bathroom. Both units have their own private parking areas, creating additional convenience and privacy for tenants or owner-occupants alike. The property also features a long driveway, a storage shed in the rear, and a newer roof installed approximately 2 years ago. Inside, you’ll find spacious layouts, updated bathrooms, laminate flooring, and plenty of potential to personalize or improve over time. Whether you are looking to expand your investment portfolio, generate rental income, or offset your mortgage with additional income, this property offers flexibility and long-term upside potential. Conveniently located less than 5 miles from SoFi Stadium with easy access to major freeways, shopping, dining, entertainment, and LAX, this property is positioned in an area with strong rental demand and excellent accessibility throughout Los Angeles. The property is zoned LAR2 and consists of two legal units, making it an attractive opportunity for both seasoned and first-time investors.