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Est. $3,550/mo
5 Beds2 Baths1,404 Sqft

1435 East Colon Street, Los Angeles, CA, 90744

Listed by Leonard LaRocca
Renovated Private Multi-Family Home

DUPLEX - Live in 1 and rent other OR GREAT INVESTMENT OPPORTUNITY/buy & lease both units! The choice is YOURS! Property features 2 free standing structures (all permitted) with separate meters, addresses, and laundry. The front house: 3 bedrooms, 1 bath (est living sf 850), and back house: 2 bedrooms, 1 bath (est living sf of 550). Total living area is 1,404sf. Both units were completely renovated in 2017; new kitchens, new electrical panels, new plumbing, new central heat and AIR CONDITIONING, dual pane windows, new roof, new laminate flooring, quartz countertop and appliances! Add'l property features include private fully fenced yard, tandem parking (3-4 cars) and back carport for add'l parking. Back unit has covered oversized patio & back yard. Property is centrally located close to all Fwys and a stone throw away from Long Beach and all its entertainment, beaches and San Pedro which has broken ground on their water front restoration which will drive property values up! Property also located near both Banning Residence Park and Greenbelt Park and minutes away from elementary, middle and high schools (important for long term tenants of course!). Unique income opportunity for investor who will rent both units or buyer who will live in 1 unit and rent the other. Vital STATISTIC only 16 duplexes were in Wilmington offered and sold in 2019 (Jan-Nov2019), thus units are moving quickly. Property is expected to go fast! Call for info and set up showing appointment!

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