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8429 Wiley Post Ave

Los Angeles, CA 90045
  • $1,049,000
  • STATUS: Active
  • ON SITE: 71 Days
  • MLS #: 22-134069
Open House
UPDATED: 48 min ago
$1,049,000
  • 2
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,116
    SQFT
  • $940
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1943
County:
Area:

School Ratings & Info

Description

FULLY VACANT - RENOVATE or REBUILD! Rare opportunity for a two-unit investment property in the heart of Silicon Beach! This charming duplex sits on a quiet street lined with sidewalks, magnolia trees, and the blue SoCal sky. The property comes with two well-designed one bedroom, one bathroom residences making it an ideal property for residing in one unit and renting out the other. Exciting approved architectural plans and permits include overhauling the property into a three-bedroom and two-bath home, and potential for additional ADU(s). With a huge, versatile backyard with mature fruit trees, laundry in both units, extra-long driveway, and two-car detached garage, you can customize everything to suit your style and needs. This property also offers the quiet of a well-established neighborhood mere blocks from the excitement of the city. Don't miss out on this attractive opportunity for rental income in a flourishing community within close proximity and easy access to public transportation, freeway, airport, shops, restaurants, parks, and the beach. Both units will be delivered vacant at the close of escrow.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T22:43:09.05. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/126476478
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8429 Wiley Post Ave Los Angeles, CA 90045

  • Price: $1,049,000
  • Status: Active
  • On Site: 71 Days
  • Updated: 48 min ago
  • MLS #: 22-134069
2
Beds
0
Baths
0
½ Baths
0.15
Acres
1,116
SQFT
$940
$/SQFT
1943
Built
Neighborhood:
Westchester
County:
Los Angeles
Area:
Westchester
Property Description
FULLY VACANT - RENOVATE or REBUILD! Rare opportunity for a two-unit investment property in the heart of Silicon Beach! This charming duplex sits on a quiet street lined with sidewalks, magnolia trees, and the blue SoCal sky. The property comes with two well-designed one bedroom, one bathroom residences making it an ideal property for residing in one unit and renting out the other. Exciting approved architectural plans and permits include overhauling the property into a three-bedroom and two-bath home, and potential for additional ADU(s). With a huge, versatile backyard with mature fruit trees, laundry in both units, extra-long driveway, and two-car detached garage, you can customize everything to suit your style and needs. This property also offers the quiet of a well-established neighborhood mere blocks from the excitement of the city. Don't miss out on this attractive opportunity for rental income in a flourishing community within close proximity and easy access to public transportation, freeway, airport, shops, restaurants, parks, and the beach. Both units will be delivered vacant at the close of escrow.
Exterior Features

Entry Location Living Room Garage Structures Total 1 Lot Description Back YardFront Yard Lot Size Area 6724 Other Structures None Parking Garage DrivewayDetachedGarage - 2 Car Pool Description None Pool YN No Spa None Spa YN No Style Bungalow Total Parking 4 View Description None View YN No

Interior Features

Baths Total 2.00 Common Walls Attached Cooling None Equipment Gas Or Electric Dryer HookupStackable W/D HookupRange/Oven Fireplace Rooms None Flooring MixedHardwoodLinoleumCarpet Heating Wall Laundry In Unit

Property Features

Assessed Total Value 710000 Gross Income 0 Gross Operating Income 0 Like Units1 2 Net Operating Income 0.00 Number Of Buildings 1 Number Of Units 2 Owner Pays WaterGardener Sale Type Standard Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays ElectricityGas Total Annual Expense 0 Type Of Units Duplex Water Public Water Heaters YN Yes Year Built Source Assessor Zoning Lar2

Listing provided courtesy of Stephanie Younger DRE#01365696 of Compass.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-18T22:43:09.05. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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