Investor opportunity in the heart of South Los Angeles. Welcome to 5856 & 5856 1/2 So Olive Street, this Duplex features two 2-bedroom / 1- bath Units on a LAR-2 Lot. The Property Profile Indicated that the property has a total of 3 bedrooms / 2 baths, but it shows as a total of 4 beds / 2 baths. Both Units have new windows, flooring and updated kitchens & Bathrooms. The Units have their own electric and gas meters; they share the water meters. This property offers an opportunity for both investors and owners-occupants. Buyers will have the option to live in one and rent the other, or lease both for excellent rental income potential. There is tenant parking for one can each in the back of the property. The property is located near the 110 freeway, MTA Transit Line, the LA Coliseum and USC. Each unit has been recently upgraded and are move-in ready. Both units will be delivered vacant. Don't miss this rare chance to own a fully upgrade,
| MLS # | SB26227028 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 11 |
| Listing Provided By | Pellego, Inc. | Sylvester Wilson Jr. |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,424 |
| Story(s) | 1 |
| Units | 2 |
| Acreage | 0.12 |
| Property View | Yes |
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Interior Features | Ceiling Fans |
| Window Features | Blinds |
| Appliances | Gas Range |
| Fireplace Yes / No | No |
| Roof | Shingle |
|---|---|
| Lot Features | Two To Five Units Acre |
| Fencing | Chain Link |
| Parking Features | Driveway |
|---|---|
| Garage Yes / No | No |
| Sewer | Public Sewer |
|---|
| Community Features | Urban |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90003) | |
Price: $648,999 low | high Med: $691,500 sqft: 1,424 low | high Med: 1,154 $ / sqft: $456 low | high Med: $642 On site: 11 low | high Med: 137.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90003 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90003) | |
Price: $648,999 low | high Med: $691,500 sqft: 1,424 low | high Med: 1,154 $ / sqft: $456 low | high Med: $642 On site: 11 low | high Med: 137.5 | |
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