4333 Stillwell Ave, Los Angeles, CA 90032

Property Description

Live. Work. Invest or All of the Above! It's not often you find this opportunity in a single property. Here, the opportunity presents itself. Nestled in a vibrant pocket of El Sereno, bordering South Pasadena and Alhambra, this charming duplex consists of two units each with 2 bedrooms, 1 bath, its own laundry room, backyard patio, individual garage space, separate electric and gas meters and views from the living room and backyard terrace. Remodeled and vacant, 4333 Stillwell has a fully permitted lower level recreation room and 1/2 bath (measuring 250+ sf) with a private entrance - a perfect space to work or to convert into a JR ADU for additional income. The living room opens to the dining and showcases the updated kitchen with newer cabinetry, quartz countertops, newer flooring, dual pane windows and new light fixtures throughout. For an owner occupant, this unit provides the flexibility to live in one residence while collecting income from the other to offset the mortgage. A win! For the savvy investor, this unit is poised to generate strong market rents (approximately $3,600/mo) and value-add potential with the downstairs rec room if converted in the future. 4335 Stillwell is occupied and provides good rental income. Another Win! With no neighbor behind the property, the terraced backyard is a slice of heaven with views of the city. Ideally located, this duplex offers close proximity to the trails at Debs Park and to local favs including James-Beard nominated Evil Cooks, El Aguila Bakery, Antiguas and more. Enjoy quick access to DTLA, Highland Park, Pasadena, fwys and public transit.