$760,000
$749,900
1.3%For more information regarding the value of a property, please contact us for a free consultation.
309 Margaret AVE Los Angeles, CA 90022
7,296 Sqft Lot
Key Details
Sold Price $760,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW24141569
Sold Date 09/04/24
Construction Status Fixer
HOA Y/N No
Year Built 1949
Lot Size 7,296 Sqft
Property Description
Calling all Investors.....Welcome to this fantastic opportunity in the heart of East Los Angeles. Seller is Motivated and priced it to Sell!! Great Opportunity to own this Investment Property a Duplex featuring 1,872 Sq Ft of living space on a 7,310 Sq Ft Lot (Zoning LCR4YY). Front house is 2 bedrooms 1 bathroom unit is a fixer but could be fixed up into something special & profitable. Back unit has a tenant (currently month-to-month) 1 bedroom 1 bathroom . Property also offers a two car garage (possible ADU), plenty of yard for gatherings, and located a few blocks from Montebello. Close to major freeways including 710, 60, and 10, commuting to and from this property is a breeze, making it an ideal location for urban living. Property is close to schools, shopping, dining, entertainment, and freeway access. This one will go fast. Don't let this opportunity pass you by. See you in Escrow :) .
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LCR4YY
Interior
Interior Features All Bedrooms Down
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type Living Room
Fireplace Yes
Laundry Inside
Exterior
Parking Features Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Street Lights, Sidewalks
View Y/N Yes
View Mountain(s), Neighborhood
Roof Type Shingle
Total Parking Spaces 2
Private Pool No
Building
Lot Description Back Yard, Front Yard, Sprinklers In Front, Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 5249026018
Acceptable Financing Cash
Listing Terms Cash
Financing Conventional
Special Listing Condition Standard
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Bought with Jose Leon • Pak Home Realty