Listing by: Sandro Bononi, Luxury Collective, sandro@luxurycollectivere.com

5 Beds

2 Baths

1,640 SqFt

Closed

Welcome to 343 E 98th St, a prime opportunity for first time & savvy investors. This duplex offers a front unit with 2 bedrooms & 1 bathroom and a back unit with 3 bedrooms & 1 bathroom and has Tenants in place. Incredible investment opportunity, making it a perfect match for those looking to build equity or generate rental income in the dynamic South Los Angeles market. Property Features include a bright and spacious living room ideal for family gatherings or tenant relaxation. The expansive backyard with the potential for landscaping or outdoor activities, offers additional appeal for renters or future expansion. A gated driveway with space for multiple vehicles, adding security and convenience including a large lot, providing excellent potential for future development. An affordable entry into the competitive Los Angeles housing market. Enjoy passive income while building long-term equity with its prime location with strong rental demand to increase value through development & current income production. Conveniently located near major freeways (105 and 110), ideal for commuters. Proximity to schools, grocery stores, shopping centers, public transportation, and nearby parks and community centers for family-friendly activities. This property offers the perfect blend of affordability, investment potential, and comfort.

Property Details
Price $589,900
Close Price $510,000
Bedrooms 5
Full Baths 2
Half Baths 0
Total Baths 2
Lot Size Area 5076
Lot Size Area Units Square Feet
Acres 0.1165
Property Type Residential
Sub type Duplex
MLS Sub type Duplex
Stories 1
Year Built 1925
View Neighborhood
Heating Wall Furnace
Accessibility None
Lot Description 0-1 Unit/Acre
Laundry Features See Remarks
Pool features None
Parking Description Driveway
Parking Spaces 0
Garage spaces 0
Association Fee 0
Geographic Data
Directions .
County Los Angeles
Latitude 33.947666
Longitude -118.268022
Market Area WATT - Watts
Address Information
Address 343 E 98th Street, Los Angeles, CA 90003
Postal Code 90003
City Los Angeles
State CA
Country United States
Listing Information
Listing Office Luxury Collective
Listing Agent Sandro Bononi
Listing Agent Phone sandro@luxurycollectivere.com
Attribution Contact sandro@luxurycollectivere.com
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
School Information
District Los Angeles Unified
MLS Information
Days on market 42
MLS Status Closed
Listing Date Oct 9, 2024
Listing Last Modified Nov 21, 2024
Tax ID 6052019027
MLS Area WATT - Watts
MLS # SR24207812

This information is believed to be accurate, but without any warranty.
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