252 Branch St, Los Angeles, CA 90042

$1,495,000
6
BD
3
BA
3,138
SqFt
List Price
$1,495,000
MLS#
22-186335
Year Built
1912
Bedrooms
6
Bathrooms
3
Living Sq. Ft
3,138
Lot Size
6,402
Days on Market
7
Property Type
Multifamily
Stories
2

Property Description

Built in 1912, 252 Branch Street is a 2019 renovated duplex. Currently generating $7,198/mo income (4% cap rate). Compare this income to any other duplex in the area.... 6,402 LARD2 lot. Bottom unit is 3br/2.5ba Top unit is 3br/1ba Units went through significant capital improvements at end of 2019. Outside, is a front yard area, a two-car garage, and a large fenced backyard. Backyard large enough for construction of a third unit/ADU Ideal for anyone looking to live in a new house and have the front 2 units offset mortgage. Conceptual drawings(Renderings) for back house included (pix 47-50). Plans have *_NOT_* been submitted or approved by the city of Los Angeles. Buyer to verify development potential independently. Adjacent Duplex 248 Branch St APN# 5493001015 also available for sale under MLS # 22-186327 Interior pix are after 2019 remodel. Both units currently occupied Property shows on Zimas as a duplex. Original building permit shows Single Family. Located in Highland Park just North of the popular York Blvd with neighborhood favorites such as Dulce de Leche, Joy and The York +many more within walking distance

Additional Information

Other Buildings
None
Heat
Other
Cooling
Other
View
None
Number of Cars in Garage
Garage - 2 Car, Uncovered
Garage Spaces Total
2

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of , Mischa Ben Nicolas - CA DRE#

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