Listing by: Jacob Weinblut, The Agency

3 Beds

2 Baths

1,205SqFt

Active

Exceptional Investment Opportunity in Beverlywood: Duplex with RTI for Expansion, Welcome to 3256 Castle Heights Ave, a prime investment property in the highly sought-after Beverlywood neighborhood of Los Angeles. This well-positioned duplex not only offers immediate rental income but also comes with Ready to Issue (RTI) plans for substantial future development of 4,000sf duplex, with a 3 car garage, with alley access. Situated in the vibrant Beverlywood area, this duplex provides easy access to shopping, dining, and major transit routes, offering the perfect blend of urban convenience and suburban tranquility. Unit 1: A spacious 2-bedroom, 1-bath unit currently renting for $3,000 per month. Unit 2: A charming 1-bedroom, 1-bath unit renting for $2,300 per month. **Development Potential:** - **RTI Plans:** The property comes with Ready to Issue (RTI) plans for the construction of two additional units: Unit 3: A generous 5-bedroom, 5-bath residence designed for luxury living with ample space and modern amenities. Unit 4: A well-designed 3-bedroom, 3-bath home offering comfort and style. This development opportunity allows for increased rental income and the potential for enhanced property value.Unit 1: Features an open living area, updated kitchen, and two comfortable bedrooms. Unit 2: Includes a cozy living space, functional kitchen, and a charming bedroom. The property boasts a well-maintained exterior with a landscaped front yard and ample off-street parking. The shared backyard offers additional space that can be developed further or enjoyed by current tenants. With existing rental income and RTI plans for two additional high-demand units, this property represents a significant opportunity for investors looking to capitalize on the Los Angeles real estate market. Don't miss the chance to own a property with immediate returns and exceptional growth potential. Contact us today to learn more about 3256 Castle Heights Ave and how it can be a strategic addition to your investment portfolio!

Property Details
Price $1,825,000
Bedrooms 3
Full Baths 2
Half Baths 0
Total Baths 2
Property Style Traditional
Lot Size Area 7036
Lot Size Area Units Square Feet
Acres 0.1615
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Stories 1
Year Built 1948
View None
Heating Electric
Laundry Features None
Pool features None
Parking Description Garage - Two Door,Driveway
Parking Spaces 8
Garage spaces 2
Geographic Data
Directions North of 10 and north of National
County Los Angeles
Latitude 34.031875
Longitude -118.399267
Market Area C09 - Beverlywood Vicinity
Address Information
Address 3256 Castle Heights Avenue, Los Angeles, CA 90034
Postal Code 90034
City Los Angeles
State CA
Country United States
Listing Information
Listing Office The Agency
Listing Agent Jacob Weinblut
Special listing conditions Standard
MLS Information
Days on market 8
MLS Status Active
Listing Date Jan 16, 2025
Listing Last Modified Jan 24, 2025
Tax ID 4311007017
MLS Area C09 - Beverlywood Vicinity
MLS # 25484491

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