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Listed by Krystopher Nashat Benyamein • Allstars Realty
$700,000
Est. payment /mo
1,966 SqFt
Pending
506 East 62nd Street Los Angeles, CA 90003
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 1,966 sqft
Price per Sqft $356
MLS Listing ID DW-26108194
Year Built 1924
Lot Size 5,403 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Excellent opportunity to own two detached homes on one lot in the heart of Los Angeles. Offering approximately 1,966 square feet of living space on a 5,401 square foot lot, this versatile duplex is ideal for investors, multigenerational living, or buyers looking to live in one unit while renting out the other.
The front home features 3 bedrooms and 2 bathrooms, while the rear unit offers 2 bedrooms and 1 bathroom. Both units have their own private parking areas, creating additional convenience and privacy for tenants or owner-occupants alike. The property also features a long driveway, a storage shed in the rear, and a newer roof installed approximately 2 years ago. Inside, you'll find spacious layouts, updated bathrooms, laminate flooring, and plenty of potential to personalize or improve over time.
Whether you are looking to expand your investment portfolio, generate rental income, or offset your mortgage with additional income, this property offers flexibility and long-term upside potential.
Conveniently located less than 5 miles from SoFi Stadium with easy access to major freeways, shopping, dining, entertainment, and LAX, this property is positioned in an area with strong rental demand and excellent accessibility throughout Los Angeles. The property is zoned LAR2 and consists of two legal units, making it an attractive opportunity for both seasoned and first-time investors.
The front home features 3 bedrooms and 2 bathrooms, while the rear unit offers 2 bedrooms and 1 bathroom. Both units have their own private parking areas, creating additional convenience and privacy for tenants or owner-occupants alike. The property also features a long driveway, a storage shed in the rear, and a newer roof installed approximately 2 years ago. Inside, you'll find spacious layouts, updated bathrooms, laminate flooring, and plenty of potential to personalize or improve over time.
Whether you are looking to expand your investment portfolio, generate rental income, or offset your mortgage with additional income, this property offers flexibility and long-term upside potential.
Conveniently located less than 5 miles from SoFi Stadium with easy access to major freeways, shopping, dining, entertainment, and LAX, this property is positioned in an area with strong rental demand and excellent accessibility throughout Los Angeles. The property is zoned LAR2 and consists of two legal units, making it an attractive opportunity for both seasoned and first-time investors.
Location
State CA
County Los Angeles
Area Wla - West Los Angeles
Interior
Heating None
Fireplaces Type None
Laundry Gas Dryer Hookup, Washer Hookup
Exterior
Pool None
Community Features Sidewalks
Utilities Available None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Others
Virtual Tour https://www.youtube.com/watch?v=xyQWNMMgpUw
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