425 N Eastern Avenue, Los Angeles, CA 90022
List Price: $729K
Listing Status: Active
0Days on Market: 0
4 Bedrooms · 2 Bathrooms · 1,392 sq ft
Property Type: Residential
Year Built: 1923
Lot Size: 6,885 sq ft
MLS Number: 26989485
About This Property
SELLER OFFERING $10,000 CREDIT TOWARD BUYER'S RATE BUYDOWN OR CLOSING COSTS!RARE OPPORTUNITY TWO FULLY REMODELED, VACANT HOMES ON ONE LOT! This exceptional East Los Angeles property offers incredible flexibility for owner-users, investors, multi-generational living, or buyers seeking rental income potential. Both residences are delivered VACANT and MOVE-IN READY, allowing the new owner to occupy one and rent the other, house extended family, or utilize both as income-producing properties. Comparable rentals in the area are approximately $2,500-$3,000 per month per unit (buyer to verify).Located in the unincorporated area of East Los Angeles, EACH HOME features 2 BEDROOMS, 1 BATHROOM, New kitchen, Living room and a private entrance, providing privacy and independence. Both residences have been extensively upgraded, including BRAND-NEW ROOF, REWIRED ELECTRICAL SYSTEM, REINFORCED FOUNDATION, UPDATED PLUMBING, LUXURY VINYL FLOORING, NEW KITCHEN CABINETS & COUNTERTOPS, REMODELED BATHROOMS, RECESSED LIGHTING, and FRESH INTERIOR & EXTERIOR PAINT, plus numerous additional improvements. The property also features a spacious, shaded backyard ideal for entertaining, recreation, or future development potential. Potential ADU opportunity buyer to independently verify with the appropriate agencies. A long driveway provides parking for up to 3 vehicles. Conveniently located near Cesar Chavez Avenue, with easy access to shopping, dining, public transportation, schools, and neighborhood amenities. Centrally positioned near the 5, 10, 60, and 710 freeways, offering convenient access throughout Los Angeles. Two vacant homes. Extensive renovations. Flexible living options. Rental income potential. $10,000 seller credit. Opportunities to purchase two turnkey residences on one lot are rarely available. Don't miss this unique East Los Angeles property!
Listing provided by: Arvin Azaradibi DRE #02226282 310-912-7515
