Description
This is your opportunity to own a Legal Duplex in the City of Angels. Currently Unit One is 3/2, Unit Two is 1/1, according to the owner and the preliminary title report units have two separate Street Addresses. This is a fixer upper, unknown if it could be financed by a traditional home buyer's loan. Unit Two has tenant and pays $1500 a month. Both Units have been reconfigured from their original outlay. There is an unpermitted structure on the property, the city has issued a citation. The owner is not able to make any repairs or concessions. Agents and Buyers are advised to make their own investigations and verify all pertinent information, the property is being sold AS IS, NO REPAIRS OR CONCESSIONS will be entertained other than typical seller paid concessions. AGENTS/BROKERS PLEASE DO YOUR OWN DUE DILIGENCE AND INSPECTIONS TO PROPERLY SERVE YOUR CLIENTS. Listing Agents and Sellers are not versed in flips, investments or new construction. Sellers will request a window of 60 to 90 days after COE to vacate the property. This is a huge potential for ownership in one of the hottest markets in the world. Good Luck!
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5BEDS
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0.13ACRES
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2BATHS
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01/2 BATHS
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2,178SQFT
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$365$/SQFT
Description
This is your opportunity to own a Legal Duplex in the City of Angels. Currently Unit One is 3/2, Unit Two is 1/1, according to the owner and the preliminary title report units have two separate Street Addresses. This is a fixer upper, unknown if it could be financed by a traditional home buyer's loan. Unit Two has tenant and pays $1500 a month. Both Units have been reconfigured from their original outlay. There is an unpermitted structure on the property, the city has issued a citation. The owner is not able to make any repairs or concessions. Agents and Buyers are advised to make their own investigations and verify all pertinent information, the property is being sold AS IS, NO REPAIRS OR CONCESSIONS will be entertained other than typical seller paid concessions. AGENTS/BROKERS PLEASE DO YOUR OWN DUE DILIGENCE AND INSPECTIONS TO PROPERLY SERVE YOUR CLIENTS. Listing Agents and Sellers are not versed in flips, investments or new construction. Sellers will request a window of 60 to 90 days after COE to vacate the property. This is a huge potential for ownership in one of the hottest markets in the world. Good Luck!
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-19T21:30:43.627. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Cal American Realty. Licensed in the State of California, USA.