Listing provided courtesy of Mark King of Big Block Platinum. Last updated 2024-11-22 09:11:45.000000. Listing information © 2024 CRMLS.
Asking Price: $875,000
1852 Jefferson, Los Angeles CA 90018
Community: PHHT - Park Hills Heights
Status: Active
This property was built in 1914 and is priced at $875,000. Please see the additional details below.
8 Bedrooms And 4 Bathrooms! Great Live one unit rent out the other! This Duplex located in the Jefferson Park neighborhood possesses 8 bedrooms and 4 bathrooms! Each unit has 4 bedrooms and 2 bathrooms and are both over 1225 square feet a piece for a total of 2550 sq feet and the lot is big at 6496 square feet. This duplex is perfect live in one unit and rent out the other type of property, it is also great for investors who want to make more rents, according to HACLA, section 8 is paying $4320 per month for 4 bedrooms. Great potential cap rate! (9.6) GRM! (9.4), Great zoning! (C-2 TOC 3) This property is section 8 approved which means with new tenants you could potentially get $8640 in rents which would translate into $103680 in total rents and a 9.6 cap rate and 9.4 GRM! This is also great for developers as the zoning is C-2 With a TOC 3 density bonus, this has so many uses that it's a great deal for almost everyone.