207 W 78th St, Los Angeles, CA 90003

Property Description

Welcome to Florence West an up and coming neighborhood within minutes to Downtown Los Angeles. This income property has two homes on a lot and brings an incredible opportunity for first time home buyers, cashflow investors, buy and hold investors, or you can “house hack” by living in one unit and renting out the other unit. The front unit is a huge vacant 5 bedroom 2 bath with a spacious attic that can be converted into an extra bedroom or living space. The front unit has been fully remodeled with new flooring, new paint, new double pane windows, newer roof, remodeled kitchen and bathrooms. This home is a perfect size for a big family and move in ready. The second unit is a spacious 2 bedroom 1 bath. There is plenty of parking space on the lot, enough to park up to 6 cars with seamless access from the alley. The property also includes an extra separate room for laundry coin operated machines, for extra monthly income. This neighborhood is yet to be unlocked and explode in value in Los Angeles. Why rent when you can own and live in the front unit, rent out the back unit, and cut your payments in half! it’s centrally located near the University of Southern California, The iconic LA Memorial Coliseum, LAX, LAFC stadium, major freeways 110, 10, 105, stores & shops, and minutes away from the vibrant DTLA. Don’t delay! This opportunity will not last!