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3501 N Figueroa St, Los Angeles, CA 90065

For Sale

$999,999

4 beds2 baths1,400 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $714.29
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Looking for a smart investment in one of Los Angeles' fastest growing neighborhoods like Highland Park, Mt. Washington, Echo Park, Glassell Park, Eagle Rock, El Sereno, the Arts District, or Elysian Park? Location is everything, and while homes can always be remodeled at any time, and this duplex is positioned right in the heart of NELA's creative energy and ongoing growth close to the 5, 101, 110, 710, 2 and 10 freeways. At $1.1M you are essentially buying each unit for $550,000, a rare opportunity in today's market. With interest rates trending downward, ownership pencils out to enjoy a solid 5% cap rate while building equity and taking advantage of tax benefits. This recently remodeled and completely vacant duplex sits on a chic 5,666 square foot corner lot just minutes from York and Figueroa, with approximately 1,400 square feet of living space that includes two bedrooms and one bath in each unit. Thoughtful updates include laminate wood floors, split systems for heat and air conditioning, private fenced yards, separate entrances, dedicated laundry for each home, and one unit even captures sweeping views of the Downtown Los Angeles skyline. Designer kitchens, modern baths, and bright open floor plans make both residences feel fresh and turnkey, while lush landscaping, custom fencing, and gated parking create privacy and convenience. Set just ten minutes from Elysian Park, Dodger Stadium, Griffith Park, Downtown LA, the Arts District, Chinatown, Japantown, Atwater Village, Silver Lake, and Echo Park, this property offers easy access to the city's best dining, culture, and lifestyle. Currently both units are available for rent.
MLS# 25594805

Courtesy Of Keller Williams Realty Studio City

(818) 432-1500

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.13 Acres

Home seller CENTURY 21 Village Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Village Realty

(626) 355-1451
Learn More About Us

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