412 N Ave 50, Los Angeles, CA 90042

Property Description

Owner occupied, delivered vacant! Why buy a single family home and build an ADU, when you could buy two homes on a large lot nestled near the base of Mount Washington and ready for you and your renter, guest suite or work studio? 412 N Avenue 50 is an incredible property, consisting of a 3 bed 1 bathroom craftsman-style front house and a 2 bed 1 bathroom back house. The 1240 square foot front house (412 N Avenue 50) is thoughtfully designed with an eye for original charm and character. There are multiple outdoor lounge areas, including a newly landscaped front yard, outdoor dining area and tiki bar perfect for hosting alfresco. The back house (414 N Avenue 50) is an 827 square foot designer-styled, fully remodeled detached home with new craftsman style millwork paired with Scandinavian modern finishes, original floors, central air and a private flagstone patio with 8' high fencing. It has an established airbnb presence with Superhost status, earning on average $3450 per month (or $115 per night). Both units will be vacant at the close of escrow - live in one or rent out both for maximum income! Property includes an automatic driveway gate and ample car park in the back with room for 4+ cars plus a stand alone garage. A 15 minute walk from the heart of Figueroa in Highland Park and a stone's throw away from neighborhood favorites; Gloria's Restaurant, La Tropicana Market and Burritos La Palma. Do not miss this rare opportunity - will not last long!