553 W 109th, Los Angeles, CA 90044
553 W 109th, Los Angeles, CA 90044
553 W 109th, Los Angeles, CA 90044
553 W 109th, Los Angeles, CA 90044
553 W 109th, Los Angeles, CA 90044
553 W 109th, Los Angeles, CA 90044
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Listed by David Hazward, DRE #02030950 • REALTY ONE GROUP ROADS
$ 699,899
Est. payment | /mo

3 Beds

2 Baths

1,587 SqFt


Save
$ 699,899
Est. payment | /mo
Save

3 Beds

2 Baths

1,587 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,587 sqft

Price per Sqft $441

MLS Listing ID CRIG26037281

Style Contemporary,Ranch

Bedrooms 3

Full Baths 2

Year Built 1960

Lot Size 4,880 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

Property Description

Massive cash-flow and dual-income potential at 553 W 109th St. This oversized 1,587 sq. ft. turnkey 3BR/2BA home is fully updated and ready for immediate market-rate rental. Enjoy zero initial CapEx with a stunning remodeled quartz kitchen, brand-new flooring, a newer roof, and upgraded systems. ?HIGH-YIELD ADU POTENTIAL: The detached 2-car garage is a prime candidate for a value-add garage-to-ADU conversion under California's favorable fast-track laws to instantly create a highly profitable duplex-style asset. ?MASSIVE GATED PARKING: Fully enclosed lot features an expansive driveway fitting up to 7 vehicles-providing effortless, secure parking for both units. ?HIGH-DEMAND LOCATION: Minutes from SoFi Stadium, DTLA, and LAX with massive tenant appeal and historically low vacancy rates. ?Live in one and let the tenant pay your mortgage, or rent both for maximum passive rental income. Act fast-this high-cap-rate opportunity will not last!

Location

State CA

County Los Angeles

Area 699 - Not Defined

Rooms

Dining Room Formal Dining Room, In Kitchen, Dining Area in Living Room, Other

Kitchen Dishwasher, Microwave, Other, Pantry, Oven - Gas

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Flooring Laminate

Fireplaces Type None

Laundry Gas Hookup, In Kitchen, 30

Exterior

Parking Features Attached Garage, Garage, Gate / Door Opener, Other

Garage Spaces 2.0

Fence Other, 2, 3

Pool 31, None

Utilities Available Electricity - On Site, Telephone - Not On Site

View City Lights

Roof Type 2,Shingle

Building

Story One Story

Foundation Concrete Slab

Water Hot Water, Heater - Gas, District - Public

Architectural Style Contemporary, Ranch

Others

Tax ID 6061022026

Special Listing Condition Not Applicable

MLS Listing IDX PLUS

Nearby Locations

Eric Sandate

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(650) 576-5580

eric.sandate@exprealty.com

1641 Laurel St, San Carlos, CA 94070-5216, USA

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553 W 109th