7256 North Figueroa Street, Los Angeles, CA 90041
$895,000
TWO HOUSES ON ONE LOT - both vacant. Beautiful 4 bedroom, 2 bath 1922 gem, plus newly constructed 1 bed 1 bath guest house (ADU) are centered in the vibrant heart of NELA. Main house can be split into a duplex and Rents for $4500 per month and AirBnbs for $5000 per month. Guest house rents for for $2200 per month or AirBnbs for $3000 per month. Video Tour Link is on the MLS. Excellent investment opportunity, great for families and multi generational living. Move in ready. Inside, the main house is airy, bright and features excellent separation of space. New paint, new water heater, updated kitchen and bathrooms, along with an enclosed porch/sun room pulls it together and welcomes you home. The exterior features a large backyard with fruit trees, gated side-yard with zen garden, drought resistant landscaping, privacy fence and gated driveway parking. The income producing, permitted, brand new ADU, has its own address, electrical and water meters. ADU features tankless water heater, combo washer/dryer, central A/C and heating, full kitchen, separate bedroom, brand new appliances, amethyst gemstone cabinet hardware, granite countertops, wood-look ceramic tile throughout for durability, outdoor bistro area, gated parking, and keyless entry. Both properties have been very profitable as owner occupied permitted Airbnb/short term rentals. The main house has previously been used as a duplex, lending excellent potential for use as three separate units. Now accepting backup offers.
5
beds
3
baths
1,663 Sq.Ft. LIVING AREA
3,903 Sq.Ft. lot