3430 11th Avenue is located in the vibrant and rapidly evolving West Adams neighborhood of Los Angeles. The subject property is located just south of Jefferson and west of Arlington Ave. The Duplex features two distinct units a front residence offering 1 bedroom and 1 bathroom, complemented by a rear… Read More unit that is a large 3BR + 2 bath unit. Current rental income reflects strong market positioning but also upside potential with the front unit receiving $2,106 monthly and the rear unit generating $2,388 per month. The total size of the duplex is approximately 1,872 sq. ft. and it sits on a lot of approximately 5,420-sq. ft. lot with LAR1 zoning. Both units received extensive interior renovations in 2012 and both units have their own washer and dryers. There is also the opportunity to add am ADU unit to the back garage.This exceptional duplex represents an ideal acquisition for both owner-occupiers seeking to offset their housing costs and astute multifamily investors recognizing the tremendous value-add potential in the rapidly evolving West Adams neighborhood. Read Less
Listing Snapshot
Days Online
12
Last Updated
Property Type
Other
Beds
4
Square Ft.
1,872
Lot Size
0.12 Acres
MLS Number
25562351
30 Days Snapshot Of 90018
$1.02M
-16%
(avg) sold price
6
-14%
homes sold
63
-47%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Dryer, Washer
Building
Building area total: 1,872, Levels: One, Living area: 1872, 1 story, 1 building
Cooling
WallWindowUnits
Heating
WallFurnace
Income
Gross income: $53,328, Net operating income: $31,728
Lot
0.124 acres, 5,402 square feet, Size: 5,402
Parking
4 totals parking, None
Property
Zoning: LAR1
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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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