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2010 S Union Ave

Los Angeles (City), CA 90007
  • $990,000
  • STATUS: Active Under Contract
  • ON SITE: 202 Days
  • ID#: SR23183694
Under Contract
$990,000
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Listing Agent(s): Luke Aubrey of Equity Union (818-989-2000)


Description

Motivated Seller! This property has an ASSUMABLE LOAN with an interest rate of 3.6%; will also be delivered vacant! Stunning University Park vacant duplex one mile away from USC and Downtown Los Angeles. Both units are vacant, rare for this area, and recently renovated. The location for highway access, shopping, restaurants, and schools is very appealing. This quiet neighborhood has the potential for much growth because of USC and DTLA. The investment also allows the opportunity to further increase cash flow by adding an ADU (ADU - Buyer to Verify). The location is within the USC DPS (Department of Public Safety) Patrol Zone which adds an extra layer of security and peace of mind.There is a new roof on the house and garage, new HVAC/Central Air and heating systems, and new laminate flooring throughout the property. There is great parking space with a garage in the rear that can be converted to an ADU. The first unit has 1 large bedroom, 1 bathroom, washer and dryer space with a living room and large den; which could be converted to another bedroom. The second unit, upstairs, has 2 bedrooms, 1 bathroom, washer and dryer room, large sun room, and a renovated attic which could be used as a study or office. This is a perfect investment property or owner-user for a first time buyer where you can live in one unit and rent out the other. One unit features new appliances and the other purchased within 2 years. There is an enclosed rear area great for entertaining and privacy. The upper unit was recently painted. Enjoy the local coffee shops, restaurants, and markets in this growing neighborhood.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. 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 RE/MAX Freedom. Licensed in the State of California, USA.
www.homesinthehighdesert.com/homes/143999638
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2010 S Union Ave Los Angeles (City), CA 90007

  • Price: $990,000
  • Status: Active Under Contract
  • On Site: 202 Days
  • ID#: SR23183694
0
Beds
0
Baths
0
½ Baths
0.09
Acres
1920
Built
Neighborhood:
C36 - Metropolitan Southwest
County:
Los Angeles
Area:
C36 - Metropolitan Southwest
Property Description
Motivated Seller! This property has an ASSUMABLE LOAN with an interest rate of 3.6%; will also be delivered vacant! Stunning University Park vacant duplex one mile away from USC and Downtown Los Angeles. Both units are vacant, rare for this area, and recently renovated. The location for highway access, shopping, restaurants, and schools is very appealing. This quiet neighborhood has the potential for much growth because of USC and DTLA. The investment also allows the opportunity to further increase cash flow by adding an ADU (ADU - Buyer to Verify). The location is within the USC DPS (Department of Public Safety) Patrol Zone which adds an extra layer of security and peace of mind.There is a new roof on the house and garage, new HVAC/Central Air and heating systems, and new laminate flooring throughout the property. There is great parking space with a garage in the rear that can be converted to an ADU. The first unit has 1 large bedroom, 1 bathroom, washer and dryer space with a living room and large den; which could be converted to another bedroom. The second unit, upstairs, has 2 bedrooms, 1 bathroom, washer and dryer room, large sun room, and a renovated attic which could be used as a study or office. This is a perfect investment property or owner-user for a first time buyer where you can live in one unit and rent out the other. One unit features new appliances and the other purchased within 2 years. There is an enclosed rear area great for entertaining and privacy. The upper unit was recently painted. Enjoy the local coffee shops, restaurants, and markets in this growing neighborhood.
Exterior Features

Carport YN Yes Construction Materials Wood Siding Entry Level 1 Entry Location FrontFirst Floor Fencing Chain LinkGood ConditionWrought Iron Foundation Details Raised Lot Features 0-1 Unit/AcreNear Park Number Of Separate Electric Meters 2 Open Parking Spaces 2 Other Structures Shed(s)Workshop Parking Features ConcreteCarportDoor-MultiDetached CarportDrivewayGarageOff StreetGarage Faces Side Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Gravel Roof Shingle Spa Features None Spa YN No View Bridge(s)City LightsTrees/Woods View YN Yes

Interior Features

Accessibility Features Parking Appliances DishwasherGas CooktopGas OvenGas RangeGas Water HeaterRefrigeratorRange HoodWater Heater Common Walls 1 Common Wall Cooling Central AirGas Cooling YN Yes Fireplace Features BathDenDining RoomFamily RoomGasGreat RoomKitchenLibraryLiving RoomPrimary BedroomOutsideRecreation Room Fireplace YN Yes Flooring Laminate Heating CentralNatural Gas Heating YN Yes Interior Features Built-in FeaturesCeiling Fan(s)Crown MoldingCathedral Ceiling(s)High CeilingsMultiple StaircasesOpen FloorplanStorageTile CountersTandemTwo Story CeilingsUnfurnishedAtticDressing AreaLoftPrimary Suite

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsStreet LightsSidewalksUrbanPark Current Financing FHA Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupGas Dryer HookupInsideLaundry RoomStackedUpper Level Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventionalContract1031 ExchangeFHA 203(k)FHAFannie Mae Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 0 Property Condition Updated/RemodeledTurnkey Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Utilities Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-21T12:21:09.123. 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 RE/MAX Freedom. Licensed in the State of California, USA.
 
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RE/MAX Freedom
12180 Ridgecrest Rd. Building E Ste. 522
Victorville CA, 92395
Listing Agent(s): Luke Aubrey of Equity Union (818-989-2000)