2715 Fairmount St, Los Angeles, CA 90033

Property Description

ATTENTION INVESTORS AND HGTV-INSPIRED HOME REMODELING FANS! Boyle Heights 2-unit investment opportunity, consisting of a primary single-family-style home and a separate ADU-style rear house zoned as a legal duplex (LARD 1.5). The front house, at 2715 Fairmount St, will be delivered vacant and is a 3 BR/1 BA gem with a beautifully remodeled open-concept, king-sized kitchen, an indoor laundry area, and a vacant, move-in ready. The rear house, 2715-1/2 Fairmount St, is occupied by a long-term tenant (all rent is current) and has a current LA rental license. Both houses have their own electric and gas meters, and the property includes two attached separate 1-car garages that may be developed into additional units based on zoning. All on-property parking and garages are currently for the exclusive use of the front house. The backyard hosts a stately fig tree and green garden space. Conveniently located near the 5 and 10 freeways, Wabash Recreation Center, and Keck Medicine of USC. With the property being in the same family ownership for decades, it's a unique opportunity with a rich history. While the home offers great potential, it requires some fixer-upper attention, but don't be shy, as home inspections and a termite inspection are available for review! This property is offered solely for cash, conventional, and hard-money loan purchases - only. This rare opportunity at such an amazing price deserves your time to view it today!