2531 Fairmount St, Los Angeles, CA 90033

Property Description

PRICE REDUCTION: Owners have opted to reduce their price by $49,000.00! We have opted to reduce the price to attract more of the family buyers!
 
 This is a two story Spanish style duplex home with great curb appeal. The two units have their own entrances. The lower level home has 3 large bedrooms with 1 full bath, a large living room, dining room. There are arc doorways throughout with large windows for plenty of light. There are Spanish style crown moldings throughout the home that adds elegance of the unit. The upper unit has a similar floor plan to the lower level with its own separate entrance. The upper unit also has 3 large bedrooms and a full bath. Both units are rental ready. This home is on a large lot, 7005 square feet, with an RD1.5 zoning code which is an investor's dream! (Buyer to verify with the LA Zoning Department). The back lot is flat with a huge potential for any investor to either add more units or to create a new set of units for rental purposes. The area itself is strategically located near many major landmarks to include the USC Medical Center, LAC/USC Medical Center, the Metro-Light Rail, close to the major Los Angeles Freeway arteries to include the 5, 10, 60, 110, and 710 freeways. It is also located 3 miles from downtown Los Angeles. 
 
 The home is being sold in an AS-IS condition. It is an older home with lots of character!