$ 780,000
9614 Graham Avenue Los Angeles, CA 90002
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Listed by Yefree A Montoya • Las Casas Realty, Inc.
$ 780,000
Est. payment | /mo
2,838 SqFt
$ 780,000
Est. payment | /mo
2,838 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,838 sqft
Price per Sqft $274
MLS Listing ID GD-24183696
Year Built 1950
Lot Size 6,652 Sqft
Property Description
This property offers a fantastic investment opportunity with a total of 7 bedrooms and 4 bathrooms, all in great condition. While it requires basic cosmetic repairs such as fresh paint, landscaping, and fixture updates, the potential is substantial. The front unit features 4 bedrooms and 2 bathrooms, while the back unit, located above a 2-car garage, includes 3 bedrooms and 2 bathrooms. The property provides 5 parking spaces--3 carports and 2 separate garage spaces. There are two main entrances: one on the right, leading to the back unit, and one on the left, for the front unit. The two units are detached and do not share a wall, offering residents peace and privacy. A shared laundry room is conveniently located upstairs, next to the back unit, and easily accessible for both units. Each unit has the potential to be rented for $3,000 or more, making this property ideal for investors targeting one of Los Angeles' last affordable neighborhoods. This property is perfect for investors, whether you're looking to make your first real estate investment or expand your portfolio. It's also ideal for house hacking or implementing the BRRRR (Buy, Renovate, Refinance, Rent) strategy. The property is eligible for FHA financing due to its size. Upon entering, you'll find a large front yard and a smaller yet spacious back yard. The front unit has two entrances--one at the front and another near the back of the house. There's also potential to convert one of the carports into an additional bonus room, further increasing the property's value. This property can be delivered vacant, though it is currently tenant-occupied. Agents will assist with tenant relocation, making this an excellent opportunity for investors looking to renovate and revitalize the property. Don't miss out on this incredible investment opportunity.
Location
State CA
County Los Angeles
Zoning LAR2
Interior
Heating Central
Laundry Washer Hookup
Exterior
Garage Gated
Garage Spaces 2.0
Pool None
Community Features Street Lights
Building
Lot Description Rectangular Lot
Sewer Public Sewer
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Darren Humphrey
Partner | Lic# DRE 01724424