154 84th Place, Los Angeles
$1,200,000 - 10 Beds, 6 BathsMLS® # AR24006669
$1,299,000
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Welcome to this 414-416 E 84th St - an exceptional income-producing duplex that offers a variety of desirable features. This duplex comprises two spacious units, each boasting 5 bedrooms and 3 bathrooms, making it an ideal investment opportunity. Situated in a prime location, this property showcases convenience and functionality. As you approach, you'll notice a single car garage at the front of the property, providing ample parking space for one unit. In addition, a double car garage located in the rear of the property offers convenient parking for the other unit, ensuring both tenants have their own designated parking areas. Inside each unit, you'll find an array of modern upgrades and high-quality finishes. The dual pane vinyl windows create an energy-efficient environment, allowing for natural light to flood the living spaces while keeping utility costs low. The stylish granite countertops and wood cabinets throughout the kitchens add an elegant touch, offering plenty of storage and preparation space for culinary enthusiasts. The kitchens and bathrooms are adorned with tasteful tile flooring, providing durability and easy maintenance. The mirrored closet doors contribute to a spacious and bright atmosphere, while the bedrooms feature plush carpeting for added comfort. Both units are equipped with forced heat, ensuring cozy living conditions throughout the year. One of the standout features of this property is the artificial lawn, which not only adds visual appeal but also minimizes the need for extensive maintenance and reduces water usage. This low-maintenance feature allows tenants to enjoy a well-kept outdoor space without the hassle of constant upkeep. Moreover, this property benefits from separate water, gas, and electric meters, providing a seamless and efficient system for utilities management. It's important to note that there is no rent control in place, providing flexibility for rental rates and potential for increased income over time. This feature allows for market-driven rent adjustments, ensuring optimal returns on your investment.
MLS® # AR24006669
Based on information from California Regional Multiple Listing Service, Inc. as of May 2nd, 2024 at 6:45pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.