7914 St Beach Street 2, Los Angeles, California 90001, Los Angeles, 90001 - bed, bath

7914 St Beach Street 2, Los Angeles, California 90001 home-pic-0
ACTIVE UNDER CONTRACT$750,000
7914 St Beach Street 2, Los Angeles, California 90001
0Bed
0Bath
1,612Sqft
5,353Lot
Year Built
1961
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$465
HOA
-
Days on market
-
Sold On
-
MLS number
DW24250016
Home ConditionFair
Features
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $750.0K(64th), sqft - 1612(79th), beds - undefined(50th), baths - undefined(50th).

Beautiful Duplex 2 Units, each unit is 2 Bedroom and 1 Bath , parking entrance thru the alley, there is a big carport located in the back of the property that can fit up 4 cars. Property is in a great location, its near schools, shopping centers, transportation and at walking distance to the beautiful Roosevelt Park. The back unit is currently vacant, the front unit is tenant occupied under section 8, but the front tenant will be leaving on about March 15, so the property will be delivered vacant to new buyer. Combo Lock Box has been installed in the back unit, please text me your business card and I will give you the combo lock number, so that you can show the property to your buyer. Agents please text me if you would like to host an Open House on this Duplex.

Price History

Date
Event
Price
10/28/09
Sold
$160,000
06/07/06
Sold
$550,000
Condition Rating
Fair

The property was built in 1961. The images show that the kitchens and bathrooms are outdated but appear functional. The overall condition suggests that the property has been maintained but requires updates to meet modern standards. The presence of older appliances and fixtures contributes to this assessment.
Pros & Cons

Pros

Income Potential: Duplex property offers immediate income potential with two units, providing a steady revenue stream for investors.
Prime Location: Located near schools, shopping centers, transportation, and Roosevelt Park, offering convenience and desirability for tenants.
Vacant Possession: Property to be delivered vacant, allowing for immediate occupancy or tenant selection at market rates.

Cons

Age of Property: Built in 1961, the property may require updates or renovations to meet modern standards and tenant expectations.
Alley Access: Parking entrance through the alley might be less desirable for some tenants due to security or convenience concerns.

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