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5845 5847 E Burwood Avenue, Los Angeles, California 90042, Los Angeles, 90042 - bed, bath

5845 5847 E Burwood Avenue, Los Angeles, California 90042 home-pic-0
ACTIVE$1,650,000
5845 5847 E Burwood Avenue, Los Angeles, California 90042
0Bed
0Bath
1,552Sqft
7,688Lot
Year Built
1957
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$1,063
HOA
-
Days on market
-
Sold On
-
MLS number
GD25159046
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.65M(69th), sqft - 1552(46th), beds - undefined(50th), baths - undefined(50th).

Great opportunity for owner(s)-occupied or investor(s) to own this duplex in a friendly area of Highland Park. Short distance from Eagle Rock, this duplex offers a world of possibilities: live in one and rent out the other, or join forces with family or a best friend or buy it as your investment and rent out both units! Property has 2 bedrooms and 1 bath each unit. 2 car garage attached. You can convert the attached garage into an ADU. This duplex has two separate addresses. Property has fruit trees like guava, orange, lemon, etc. It has front and back yard ease to keep it. Close to Figueroa, Colorado and York. Do not miss this opportunity to own this property in this great neighborhood.

Condition Rating
Fair
The property was built in 1957. The images show that the kitchens and bathrooms are outdated. The appliances appear to be older models. While the property seems maintained, it requires updates to meet modern standards. Therefore, a 'fair' condition score is appropriate.
Pros & Cons

Pros

Income Potential: Duplex offers excellent income potential through renting out both units or living in one and renting the other.
ADU Conversion Potential: Attached 2-car garage presents a valuable opportunity for conversion into an Accessory Dwelling Unit (ADU), further increasing rental income or providing additional living space.
Desirable Location: Located in a friendly area of Highland Park, with close proximity to Eagle Rock, Figueroa, Colorado and York, offering convenient access to amenities and attractions.
Dual Addresses: The duplex has two separate addresses, simplifying the rental process and potentially increasing its appeal to tenants.
Outdoor Space: Property features both front and back yards, easy to maintain, and fruit trees (guava, orange, lemon, etc.), enhancing outdoor living.

Cons

Age of Property: Built in 1957, the property may require updates or renovations to meet modern standards and preferences.
Limited Bathrooms: Each unit has only one bathroom, which may be a drawback for some tenants or owner-occupants.
Potential Renovation Costs: Depending on the current condition, the property may require renovations or upgrades to maximize its rental potential or appeal to owner-occupants.

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