232 E 47th

Los Angeles, CA 90011

Excellent opportunity to own this income producing 2,755 square feet duplex situated on 6,000 sq feet lot with 2 car garage, gated entrance, and a long driveway providing ample additional parking. ONE STORY 4BEDROOM 2BATHROOM FRONT UNIT (232 E 47TH STREET) offers spacious garden like front yard with mature avocado tree. ADDED IN 2015 WITH PERMITS, 2 STORY 3BEDROOM 3BATHROOM REAR UNIT (234 E 47TH STREET) has a private back yard paved with concrete allowing privacy and parking for several vehicles. Both Units have functional floor plans, inside laundry areas, granite counter tops, and separate gas and electric meters. Property has strong in place rents with long standing reliable tenants and might qualify for additional JADU/garage conversion to provide another income venue. (Buyer and Buyer's agent have to exercise their own due diligence with City of LA). Seller might be able to deliver the back unit vacant, but GIVES NO GUARANTEE. Close proximity to all major freeways and downtown LA provides a great potential for a long term real estate investment.

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