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9614 Graham Avenue

Los Angeles, CA 90002
  • $780,000
  • STATUS: ACTIVE
  • ON SITE: 31 Days
  • ID#: GD24183696
UPDATED: 70 min ago
$780,000
  • 7
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

This property offers a fantastic investment opportunity with a total of 7 bedrooms and 4 bathrooms, all in great condition. While it requires basic cosmetic repairs such as fresh paint, landscaping, and fixture updates, the potential is substantial. The front unit features 4 bedrooms and 2 bathrooms, while the back unit, located above a 2-car garage, includes 3 bedrooms and 2 bathrooms. The property provides 5 parking spaces3 carports and 2 separate garage spaces. There are two main entrances: one on the right, leading to the back unit, and one on the left, for the front unit. The two units are detached and do not share a wall, offering residents peace and privacy. A shared laundry room is conveniently located upstairs, next to the back unit, and easily accessible for both units. Each unit has the potential to be rented for $3,000 or more, making this property ideal for investors targeting one of Los Angeles' last affordable neighborhoods. This property is perfect for investors, whether youre looking to make your first real estate investment or expand your portfolio. Its also ideal for house hacking or implementing the BRRRR (Buy, Renovate, Refinance, Rent) strategy. The property is eligible for FHA financing due to its size. Upon entering, youll find a large front yard and a smaller yet spacious back yard. The front unit has two entrancesone at the front and another near the back of the house. Theres also potential to convert one of the carports into an additional bonus room, further increasing the property's value. This property can be delivered vacant, though it is curre This property offers a fantastic investment opportunity with a total of 7 bedrooms and 4 bathrooms, all in great condition. While it requires basic cosmetic repairs such as fresh paint, landscaping, and fixture updates, the potential is substantial. The front unit features 4 bedrooms and 2 bathrooms, while the back unit, located above a 2-car garage, includes 3 bedrooms and 2 bathrooms. The property provides 5 parking spaces3 carports and 2 separate garage spaces. There are two main entrances: one on the right, leading to the back unit, and one on the left, for the front unit. The two units are detached and do not share a wall, offering residents peace and privacy. A shared laundry room is conveniently located upstairs, next to the back unit, and easily accessible for both units. Each unit has the potential to be rented for $3,000 or more, making this property ideal for investors targeting one of Los Angeles' last affordable neighborhoods. This property is perfect for investors, whether youre looking to make your first real estate investment or expand your portfolio. Its also ideal for house hacking or implementing the BRRRR (Buy, Renovate, Refinance, Rent) strategy. The property is eligible for FHA financing due to its size. Upon entering, youll find a large front yard and a smaller yet spacious back yard. The front unit has two entrancesone at the front and another near the back of the house. Theres also potential to convert one of the carports into an additional bonus room, further increasing the property's value. This property can be delivered vacant, though it is currently tenant-occupied. Agents will assist with tenant relocation, making this an excellent opportunity for investors looking to renovate and revitalize the property. Dont miss out on this incredible investment opportunity.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
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9614 Graham Avenue Los Angeles, CA 90002

  • Price: $780,000
  • Status: ACTIVE
  • On Site: 31 Days
  • Updated: 70 min ago
  • ID#: GD24183696
7
Beds
0
Baths
0
½ Baths
0.15
Acres
Neighborhood:
Los Angeles (90002)
County:
Los Angeles
Area:
Los Angeles (90002)
Property Description
This property offers a fantastic investment opportunity with a total of 7 bedrooms and 4 bathrooms, all in great condition. While it requires basic cosmetic repairs such as fresh paint, landscaping, and fixture updates, the potential is substantial. The front unit features 4 bedrooms and 2 bathrooms, while the back unit, located above a 2-car garage, includes 3 bedrooms and 2 bathrooms. The property provides 5 parking spaces3 carports and 2 separate garage spaces. There are two main entrances: one on the right, leading to the back unit, and one on the left, for the front unit. The two units are detached and do not share a wall, offering residents peace and privacy. A shared laundry room is conveniently located upstairs, next to the back unit, and easily accessible for both units. Each unit has the potential to be rented for $3,000 or more, making this property ideal for investors targeting one of Los Angeles' last affordable neighborhoods. This property is perfect for investors, whether youre looking to make your first real estate investment or expand your portfolio. Its also ideal for house hacking or implementing the BRRRR (Buy, Renovate, Refinance, Rent) strategy. The property is eligible for FHA financing due to its size. Upon entering, youll find a large front yard and a smaller yet spacious back yard. The front unit has two entrancesone at the front and another near the back of the house. Theres also potential to convert one of the carports into an additional bonus room, further increasing the property's value. This property can be delivered vacant, though it is curre This property offers a fantastic investment opportunity with a total of 7 bedrooms and 4 bathrooms, all in great condition. While it requires basic cosmetic repairs such as fresh paint, landscaping, and fixture updates, the potential is substantial. The front unit features 4 bedrooms and 2 bathrooms, while the back unit, located above a 2-car garage, includes 3 bedrooms and 2 bathrooms. The property provides 5 parking spaces3 carports and 2 separate garage spaces. There are two main entrances: one on the right, leading to the back unit, and one on the left, for the front unit. The two units are detached and do not share a wall, offering residents peace and privacy. A shared laundry room is conveniently located upstairs, next to the back unit, and easily accessible for both units. Each unit has the potential to be rented for $3,000 or more, making this property ideal for investors targeting one of Los Angeles' last affordable neighborhoods. This property is perfect for investors, whether youre looking to make your first real estate investment or expand your portfolio. Its also ideal for house hacking or implementing the BRRRR (Buy, Renovate, Refinance, Rent) strategy. The property is eligible for FHA financing due to its size. Upon entering, youll find a large front yard and a smaller yet spacious back yard. The front unit has two entrancesone at the front and another near the back of the house. Theres also potential to convert one of the carports into an additional bonus room, further increasing the property's value. This property can be delivered vacant, though it is currently tenant-occupied. Agents will assist with tenant relocation, making this an excellent opportunity for investors looking to renovate and revitalize the property. Dont miss out on this incredible investment opportunity.
Exterior Features

Pool N/K

Interior Features

Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2

Property Features

Annual Expense Actual 2400 Buildings 2 Cfd Mello Roos Fee 904.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 38760 Monthly Total Fees 75 Terms ConventionalFHA Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 1680.0 Unit2 Rent Actual 1550.0 Zoning Public Rec

San Diego MLS logo Listing provided courtesy of Yefree Montoya of Las Casas Realty, Inc.: 818-808-3966. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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