$510,000
$589,900
13.5%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
1,640 SqFt
SOLD DATE : 11/21/2024
Key Details
Sold Price $510,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,640 sqft
Price per Sqft $310
MLS Listing ID SR24207812
Sold Date 11/21/24
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1925
Lot Size 5,074 Sqft
Property Description
Welcome to 343 E 98th St, a prime opportunity for first time & savvy investors. This duplex offers a front unit with 2 bedrooms & 1 bathroom and a back unit with 3 bedrooms & 1 bathroom and has Tenants in place. Incredible investment opportunity, making it a perfect match for those looking to build equity or generate rental income in the dynamic South Los Angeles market. Property Features include a bright and spacious living room ideal for family gatherings or tenant relaxation. The expansive backyard with the potential for landscaping or outdoor activities, offers additional appeal for renters or future expansion. A gated driveway with space for multiple vehicles, adding security and convenience including a large lot, providing excellent potential for future development. An affordable entry into the competitive Los Angeles housing market. Enjoy passive income while building long-term equity with its prime location with strong rental demand to increase value through development & current income production. Conveniently located near major freeways (105 and 110), ideal for commuters. Proximity to schools, grocery stores, shopping centers, public transportation, and nearby parks and community centers for family-friendly activities. This property offers the perfect blend of affordability, investment potential, and comfort.
Location
State CA
County Los Angeles
Area Watt - Watts
Zoning LAR1
Rooms
Main Level Bedrooms 5
Interior
Interior Features All Bedrooms Down
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry See Remarks
Exterior
Garage Driveway
Pool None
Community Features Urban
View Y/N Yes
View Neighborhood
Accessibility None
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Schools
School District Los Angeles Unified
Others
Senior Community No
Tax ID 6052019027
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Financing Cash
Special Listing Condition Standard
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Bought with Sandro Bononi • Luxury Collective
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "