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.