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Raymond Penado

Ray Penado
The RP Group

CalBRE# 01709871
Lotus Group Real Estate
8408 Florence Ave, Downey, CA 90240

562-569-8488
Email Me

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$520,000 New Active Under Contract

227 W 91st Street
Los Angeles, CA 90003

2 units | Multi Family Home
5201 sq ft - MLS# DW18125240
Property Photo
1/40

Description

LOCATION AND CASH FLOW!!! This Duplex is low maintenance and will be turned over completely vacant. The subject consist of 2 separate houses that sit on a large LAR2 lot. Front house has been fully remodeled, currently vacant and in move in condition. Front house features 3 bedrooms and 1 large full bathroom, with open floor plan and a large laundry room inside. Rear house features 3 bedrooms and 1 bathroom, open floor plan. Property has been upgraded as well and is currently owner occupied, but will be turned over vacant. Large common backyard between both houses that is fully paved. Landscaped front yard with small fruit trees. Both units are separately metered for gas & power. Two separate long tandem paved driveways for up to 6+ cars, property is fully gated. Centrally located from schools, public transit, shopping areas, Fwy 110 and 105. Minutes to downtown Los Angeles, USC and much more. Definitely a great hold or owner to live in property. (Buyer to conduct their own due diligence).

Features

  • # of Parking Spaces: 6.00
  • Appliances: None, Range/Stove Hood
  • Area: C37 - Metropolitan South
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1688.00
  • Building Area Units: Square Feet
  • Community Features: Curbs, Sidewalks, Street Lighting
  • Construction Materials: Drywall Walls, Stucco
  • Country: US
  • Direction Faces: South
  • Directions: EAST OF BROADWAY, WEST OF MAIN, ON 91ST ST.
  • Electric: Standard
  • Electric Expense: 40.00
  • Fence YN: Yes
  • Fencing: Block, Wood, Wrought Iron
  • Flooring: Laminate, Tile, Vinyl, Wood
  • Foundation Details: Concrete Perimeter, Raised, Slab
  • Fuel Expense: 30.00
  • Gross Scheduled Income: 3600.00
  • Heating: Wall Heater
  • Heating YN: Yes
  • Insurance Expense: 60.00
  • Interior Features: Ceiling Fan, Copper Plumbing Partial, Crown Moldings, Granite Counters, Open Floor Plan, Recessed Li
  • Laundry Features: Area, Individual Room
  • Laundry YN: Yes
  • Listing Agent License: 01709871
  • Listing Office License: 01975669
  • Listing Status: Active Under Contract
  • Lot Dimensions: 40 x 130
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Near Public Transit, Paved, Walkstreet, Yard
  • Lot Size: 0.1194
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 3500.00
  • New Taxes Expense: 6552.00
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Drapes: 1
  • Operating Expense: 100.00
  • Parking Spaces: 6.00
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Type: Multi Family Home
  • Rent Control YN: Yes
  • Road Frontage Type: City Street
  • Roof: Composition, Shingle
  • Room Type: All Bedrooms Down, Laundry
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: Sewer Paid
  • Stories: One
  • Style: Contemporary
  • Sub Type: Multi Family Home
  • Total Expenses: 190.00
  • Trash Expense: 20.00
  • Uncovered Spaces: 6.00
  • Units: 2
  • Utilities: Cable Available, Phone Available, Sewer Connected, Water Connected
  • Water Sewer Expense: 40.00
  • Water Source: Public
  • Year Built: 1927
  • Year Built Source: Assessor
  • Zip Code: 90003
  • Zoning: LAR2
  • View: Neighborhood, Yes



Raymond Penado | CalBRE # 01709871 | 562-569-8488 | Email Me
8408 Florence Ave - Downey, CA 90240
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