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Welcome to an exceptional investment opportunity in the vibrant community of Boyle Heights! This two-unit property boasts the perfect blend of comfort, convenience, and potential for savvy investors. Nestled within this sought-after neighborhood, the front house presents a welcoming porch and generous living spaces. With three bedrooms and one bath, it provides ample room for residents to spread out and relax. Entertain effortlessly in the spacious living room and dining area, while the convenient laundry area adds practicality to everyday living. The back unit offers a unique layout spread across two stories. Featuring two bedrooms and 1.5 baths, this unit provides comfort and privacy. The attached one-car garage with laundry hookups ensures convenience, while a separate yard off the kitchen area offers a tranquil retreat. Practicality meets versatility with a long driveway providing tandem parking, catering to the needs of multiple tenants. Currently occupied by long-term tenants, each paying $870 per month for a combined monthly income of $1,740. This property presents significant upside for value enhancement. Whether through minor updates or strategic renovations, there's ample opportunity to maximize returns and elevate its appeal. Seize the opportunity to diversify your investment portfolio and secure a foothold in this dynamic market. With its prime location, untapped potential, this property is primed to become a cornerstone of your investment strategy. Don't miss out on the chance to own a piece of Boyle Heights real estate!

DAYS ON MARKET 19 LAST UPDATED 4/30/2024
TRACT Not Applicable YEAR BUILT 1966
COMMUNITY Boyle Heights GARAGE SPACES 1.0
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AREA Boyle Heights
BUYER'S BROKERAGE COMPENSATION 2.500 %
GARAGE Door-Single, Driveway, Garage, Yes
HEAT Wall Furnace
HOA DUES 0
LOT 5201 sq ft
LOT DESCRIPTION Sprinklers None
PARKING Door-Single,Driveway,Garage
POOL DESCRIPTION None
SEWER Unknown
STORIES 1
STYLE Traditional
SUBDIVISION Not Applicable
VIEW DESCRIPTION None
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
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*Estimate only

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CONTACT US ABOUT 3132 FAIRMOUNT STREET
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Listed with Berkshire Hathaway HomeServices California Properties

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 5/19/24 9:15 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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