834 E 33rd Street, Los Angeles, CA 90011

$874,000

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List Agent Mazdak Sarehkhani () 8186018215 Mazdak Sarehkhani; CoList ()

List Price
$874,000
Price Change
▼ $1,000 1783753143
Status
ACTIVE
MLS#
SR25241079
Year Built
1908
Lot Size
5,269
Lot Location
Front Yard, Garden
Days on Market
290
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level

Property Description

$77,100 in rental income per year/ $6,425 per month. 3/2 bedroom/ bath is getting $3200 rental income while the 2/1 bedroom/ bath unit is occupied by a longterm and fantastic section 8 tenant who pays $3225/ month and this rent will continue as long as they live there and the owner may increase it 3% every year. Tenants are due for a rent increase! The property has a HUGE BACK YARD- 6-8 parkings spots and room for a 2 story ADU to add extra future value (SEE PICS OF THE NEIGBORS ADU NEXT DOOR). Subject property is in a great a FANTASTIC condition, in the most desirable location in this area, and on a great street with many updated and custom made homes. No to mention, great section 8 rental income and tenants and easy to rent the 3 bedroom as well. Seller decided to leave it vacant just in case a buyer want to obtain an FHA loan or wants to live in it themselves, So SUBMIT YOUR OFFER TODAY and make this your dream home!

Additional Information

Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.