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1616 E 87th Street

Los Angeles, CA 90002
  • $649,880
  • STATUS: PENDING
  • ON SITE: 242 Days
  • ID#: PW22118453
Pending
UPDATED: 22 min ago
$649,880
  • 4
    BEDS
  • 0.13
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 1,732
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Townhouse
Built:
1910
County:

School Ratings & Info

Description

Welcome to 1616 and 1618 E 8th Street - investor special! Live in one unit, and rent the others, with excellent income potential at an amazing price. Property is a legal Duplex currently being converted to 3 units. Separate Gas and Electric meters for all 3 units. Work is 80% complete on the third unit. Front and middle unit have been mostly remodeled. Long driveway with room for extra parking, along with a gated driveway. Two structures on the lot, with the front home being a 2 bedroom and 1.5 bathroom with indoor laundry, an attached 1 bedroom 1 bath currently being renovated, and a detached unit in the back with 1 bedroom and 1 bathroom. Bring your paintbrush tap into the huge upside potential this investment has to offer! Pictures are from before remodeling. Subject to cancelation of current escrow. Welcome to 1616 and 1618 E 8th Street - investor special! Live in one unit, and rent the others, with excellent income potential at an amazing price. Property is a legal Duplex currently being converted to 3 units. Separate Gas and Electric meters for all 3 units. Work is 80% complete on the third unit. Front and middle unit have been mostly remodeled. Long driveway with room for extra parking, along with a gated driveway. Two structures on the lot, with the front home being a 2 bedroom and 1.5 bathroom with indoor laundry, an attached 1 bedroom 1 bath currently being renovated, and a detached unit in the back with 1 bedroom and 1 bathroom. Bring your paintbrush tap into the huge upside potential this investment has to offer! Pictures are from before remodeling. Subject to cancelation of current escrow.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.berndbrokerage.com/homes/129519379
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1616 E 87th Street Los Angeles, CA 90002

  • Price: $649,880
  • Status: PENDING
  • On Site: 242 Days
  • Updated: 22 min ago
  • ID#: PW22118453
4
Beds
3
Baths
1
½ Baths
0.13
Acres
1,732
SQFT
$0
$/SQFT
1910
Built
Neighborhood:
Los Angeles (90002)
County:
Los Angeles
Area:
Los Angeles (90002)
Property Description
Welcome to 1616 and 1618 E 8th Street - investor special! Live in one unit, and rent the others, with excellent income potential at an amazing price. Property is a legal Duplex currently being converted to 3 units. Separate Gas and Electric meters for all 3 units. Work is 80% complete on the third unit. Front and middle unit have been mostly remodeled. Long driveway with room for extra parking, along with a gated driveway. Two structures on the lot, with the front home being a 2 bedroom and 1.5 bathroom with indoor laundry, an attached 1 bedroom 1 bath currently being renovated, and a detached unit in the back with 1 bedroom and 1 bathroom. Bring your paintbrush tap into the huge upside potential this investment has to offer! Pictures are from before remodeling. Subject to cancelation of current escrow. Welcome to 1616 and 1618 E 8th Street - investor special! Live in one unit, and rent the others, with excellent income potential at an amazing price. Property is a legal Duplex currently being converted to 3 units. Separate Gas and Electric meters for all 3 units. Work is 80% complete on the third unit. Front and middle unit have been mostly remodeled. Long driveway with room for extra parking, along with a gated driveway. Two structures on the lot, with the front home being a 2 bedroom and 1.5 bathroom with indoor laundry, an attached 1 bedroom 1 bath currently being renovated, and a detached unit in the back with 1 bedroom and 1 bathroom. Bring your paintbrush tap into the huge upside potential this investment has to offer! Pictures are from before remodeling. Subject to cancelation of current escrow.
Exterior Features

Lot Size 4000-7499 SF Parking Non Garage Description Driveway Parking Spaces Total 0 Pool N/K Residential Styles Townhome Residential Unit Location No Common Walls View N/K

Interior Features

Bath Totals 4 Bedrooms Total 4 Cooling N/K Fireplace N/K Laundry Location Kitchen Searchable Rooms KitchenLiving Room Stories 1 Story

Property Features

Assessments Unknown Cfd Mello Roos Fee 1066.0 Cfd Mello Roos Fee Reflects Year Home Owners Fees 0.0 Monthly Total Fees 88 Sales Restrictions Standard Sewer Septic Public Sewer Terms CashCash To New Loan Units In Complex 3 Water Public Zoning Lcr2yy

San Diego MLS logo Listing provided courtesy of Nationwide Real Estate Execs: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Bernd Brokerage | Meghan Bernd, Broker, DRE# 01960379
932 D St. Suite 5
Ramona CA, 92065