JEFFERSON PARK! Discover an elegant Craftsman-style duplex at 2922 and 2924 8th Avenue PLUS 2 ADDITIONAL units @ 2922 1/2 and 2924 1/2 8th Avenue, offering a smart investment opportunity! The features a total of 4 bedrooms and 2 baths in each of the original construction units… Read More AND are complemented by TWO NEWLY CONSTRUCTED ADUs! Each ADU has two bedrooms and one bath and are fully equipped with mini-split A/C and heat systems as well as stackable washer and dryer hookups! Perfect OWNER USER or INVESTOR looking for a solid opportunity to own a unique property in the heart of Los Angeles! Unit 2924 presents a value- add opportunity as well. Enjoy privacy with individual retreat areas for each building, creating a serene living environment. The generous 7,500 square-foot lot includes two garages, providing excellent storage solutions Centrally located with easy access to the Metro Line. CLOSE TO USC, DTLA, as well as major financial districts in Los Angeles, this property is perfect for those seeking convenience and charm. VA, FHA, and Conventional offers are welcomed!! Don't miss this unique chance to own a versatile income-generating asset. Read Less
Listing Snapshot
Days Online
23
Last Updated
Property Type
Other
Beds
12
Square Ft.
4,342
Lot Size
0.17 Acres
Year Built
1922
MLS Number
25551797
30 Days Snapshot Of 90018
$1.02M
-11%
(avg) sold price
6
-33%
homes sold
63
-50%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1922, Building area total: 4,342, Levels: Two, MultiSplit, Living area: 4342, 2 stories, 2 buildings, Architectural style: Craftsman
Cooling
Electric
Expenses
Gardener expense: $1,750, Insurance expense: $2,120, New taxes expense: $6,064, Water sewer expense: $5,002
Heating
Baseboard, Combination, Electric, WallFurnace
Income
Gross income: $140,844, Net operating income: $125,654
Laundry
Stacked
Lot
0.1722 acres, 7,502 square feet, Size: 7,502
Parking
OnStreet
Property
Zoning: LARD3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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