135 N Avenue 25, Los Angeles, California 90031, Los Angeles, 90031 - bed, bath

135 N Avenue 25, Los Angeles, California 90031 home-pic-0
ACTIVE UNDER CONTRACT$999,000
135 N Avenue 25, Los Angeles, California 90031
0Bed
0Bath
1,811Sqft
6,123Lot
Year Built
1913
Close
-
List price
$999K
Original List price
$999K
Price/Sqft
$552
HOA
-
Days on market
-
Sold On
-
MLS number
SB24240152
Home ConditionGood
Features
Deck
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $999.0K(46th), sqft - 1811(31th), beds - undefined(50th), baths - undefined(50th).

Welcome to this exceptional opportunity: Two homes on a lot, delivered vacant and ready for immediate use. With no prior rental history, both units offer the flexibility to secure market rents or live in a beautifully remodeled duplex, perfectly situated in the vibrant neighborhood of Lincoln Heights. This property was purchased and created with the intention of the builders living on the property with top of the line finishes and is not your typical flip. This property provides flexibility for various living situations, whether you're seeking a multi-generational home, rental income, or simply a stylish, spacious residence. Unit #135 offers 3 bedrooms, and 2 bathrooms, plus an office with one of the bedrooms being transformed to a brand new walk-in closet with designer built-in finishes, Nest thermostats for effortless climate control, a beautifully updated kitchen with a waterfall countertop and bar seating, new interior and exterior doors, and a private office with separate entry and dedicated A/C unit with heat. Unit #137 offers 2 bedrooms, and 1 bathroom, complete with a separate laundry room for your added convenience. Each unit boasts beautiful living areas full of natural light, newly installed HVAC systems, stylish kitchens equipped with brand-new cabinets, stainless steel appliances, custom countertops and extensively renovated bathrooms featuring custom tile work, illuminated vanity mirrors and are designed with comfort and elegance in mind. The light-filled interiors showcase high ceilings, recessed lighting, new wide plank blonde flooring, and freshly painted interiors. Seamlessly blending indoor comfort with outdoor enjoyment, this home features spacious interiors and an extensive outdoor living area perfect for entertaining or relaxing year-round. The exterior features an electric car charger, custom awnings, a new front deck, motion sensor lighting, and lush olive, avocado, and ficus trees. This duplex provides flexibility and potential for growth with the possibility of putting an Accessory Dwelling Unit (ADU) in the backyard, offering significant opportunity for future expansion, rental income, or additional living space. Conveniently located near Downtown LA, Dodgers Stadium, and major freeways this gem offers an appealing option for buyers seeking a balance of history, culture, and modern amenities. Don’t miss your opportunity to own an income-generating duplex that feels like new construction in a part of this thriving community.

Nearby schools

3/10
Albion Street Elementary School
Public,K-60.6mi
2/10
Hillside Elementary School
Public,K-50.6mi
4/10
Griffin Avenue Elementary School
Public,K-50.7mi
4/10
Loreto Street Elementary School
Public,K-50.7mi
4/10
Gates Street Elementary School
Public,K-50.7mi
3/10
Ann Street Elementary School
Public,K-61.1mi
6/10
Multnomah Street Elementary School
Public,K-51.5mi
4/10
Huntington Drive Elementary School
Public,K-61.5mi
4/10
Bridge Street Elementary School
Public,K-51.7mi
2/10
Murchison Street Elementary School
Public,K-61.7mi
5/10
Florence Nightingale Middle School
Public,6-80.7mi
5/10
Glen Alta Elementary School
Public,K-81.1mi
5/10
El Sereno Middle School
Public,6-82.3mi
6/10
Hollenbeck Middle School
Public,6-82.8mi
5/10
Abraham Lincoln Senior High School
Public,9-120.8mi
4/10
Woodrow Wilson Senior High School
Public,9-121.8mi
3/10
Theodore Roosevelt Senior High
Public,9-122.6mi
5/10
STEM Academy of Boyle Heights HS
Public,9-122.8mi

Price History

Date
Event
Price
02/27/25
Sold
$1,019,000
09/19/24
Sold
$739,000
05/29/15
Sold
$178,000
Condition Rating
Good

Although built in 1913, the property has been extensively renovated. The listing and images show updated kitchens with stainless steel appliances and custom countertops, renovated bathrooms with custom tile work and illuminated mirrors, new flooring, new HVAC systems, and updated electrical. The description indicates high-end finishes were used. While the original structure is old, the extensive renovations bring the condition up to 'good'.
Pros & Cons

Pros

Income Potential: Two homes on one lot, delivered vacant, offering immediate rental income potential in a desirable location.
Extensive Remodel: Both units have been extensively remodeled with high-end finishes, including new kitchens, bathrooms, HVAC systems, and flooring, minimizing immediate renovation costs.
Expansion Potential: The property offers the possibility of adding an Accessory Dwelling Unit (ADU) in the backyard, further increasing rental income or living space.

Cons

Older Construction: Built in 1913, the property may have underlying structural or maintenance issues common in older homes.
Active Under Contract: The property's 'Active Under Contract' status indicates a pending sale, which could complicate or delay a potential purchase.

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