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Listed by Ricky Lee • Ricky&Jessie Realty
$ 1,375,000
Est. payment /mo
Price Dropped by $24K
507 East Avenue 28 Los Angeles, CA 90031
3,186 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,186 sqft
Price per Sqft $431
MLS Listing ID TR-25090928
Year Built 1988
Lot Size 6,473 Sqft
Property Sub-Type Duplex
Property Description
** Now offered at $1,375,000 ** seller is motivated and open to offering a with strong terms. A rare opportunity to own a vacant duplex with income potential in Lincoln Heights.*DELIVERED VACANT*Presenting an exceptional chance to own two beautifully remodeled single-family homes on one lot--perfect for investment or multi-generational living. Each home with its own private outdoor space, providing an ideal blend of privacy and functionality. House 507 :This charming 2-bedroom, 2-bathroom home, plus a den (easily convertible into an additional bedroom or office), approximately 1,206 sq ft of living space. A perfect fusion of historical character and modern style, it features a serene garden yard--ideal for relaxation or entertaining. Fully furnished and move-in ready, with a layout designed for ease and comfort. One of the bedrooms has a private entrance, providing the potential for rental income or independent living. Separate gas and electricity meters are already installed. House 507 1/2 (Built in 1988):This spacious 3-bedroom, 2.75-bathroom home with 1,980 sq ft of light-filled, open living space. Boasting high ceilings and modern finishes, the home includes a large kitchen with granite countertops, a comfortable living room perfect for family gatherings, and a luxurious master suite with a private en-suite bathroom. An attached two-car garage provides convenience and extra storage space. Prime Location:Conveniently located with easy access to Downtown LA, Keck USC Medical Center, Silver Lake, Highland Park, Echo Park, Dodger Stadium, and Pasadena. A wide variety of dining, shopping, and entertainment options are just around the corner, with quick freeway access for easy commuting throughout Los Angeles. Why This Property Stands Out:This property provide the perfect mix of historic charm, modern upgrades, and flexible living options. Whether you're looking for a family home, rental income, or both, this is a rare opportunity in a rapidly growing and highly desirable neighborhood. Don't miss out on the potential for long-term value and growth! Why This Property Stands Out:This property provide the perfect mix of historic charm, modern upgrades, and flexible living options. Whether you're looking for a family home, rental income, or both, this is a rare opportunity in a rapidly growing and highly desirable neighborhood. Don't miss out on the potential for long-term value and growth!
Location
State CA
County Los Angeles
Area 677 - Lincoln Heights
Zoning LAR2
Interior
Fireplaces Type None
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Parking Features Gated
Garage Spaces 2.0
Pool None
Community Features Suburban
View Y/N No
View None
Building
Lot Description Front Yard, Garden, Back Yard
Sewer None, Public Sewer