846 W Santa Cruz, Los Angeles, CA 90731

$799,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$799,000
Status
ACTIVE
MLS#
SB26188914
Year Built
1924
Lot Size
6,006
Acres
0.14
Lot Location
Back Yard, Front Yard, Landscaped
Days on Market
12
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level

Property Description

A great opportunity for investors, this tenant-occupied property features two detached residences offering privacy, functionality, and established rental income. Both the front and rear units have been updated with newer plumbing and electrical systems, along with updated kitchens and bathrooms. Each residence offers its own private backyard, creating a more independent, single-family-home feel for tenants. Both units also feature their own washer and dryer, along with fully owned solar systems that provide added value without the expense of a solar lease. The property offers three off-street parking spaces, including two spaces for the rear unit and driveway parking for the front unit. With two detached homes, private outdoor spaces, owned solar, updated systems, and existing tenants in place, this property presents a compelling opportunity for an investor looking to add a well-maintained South Bay income property to their portfolio.

Additional Information

Appliances
Dishwasher, Electric Range, Gas Range, Refrigerator, Water Heater
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
Neighborhood
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$50,088
Operating Expense
6200

Listing courtesy of Listing Agent: Lucy Salem (lucy.salem@compass.com) from Listing Office: Compass.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.