3256 Castle Heights Avenue, Los Angeles, CA 90034

  • $1,999,999
  • $1,660
3256 Castle Heights Avenue, Los Angeles, CA 90034
  • Residential Income
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 1205.00
  • 1948
  • Year Built
For Sale
3256 Castle Heights Avenue, Los Angeles, CA 90034
  • $1,999,999
  • $1,660

Overview

Property ID: SGR-33902597
  • Residential Income
  • Property Type
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 1205.00
  • 1948
  • Year Built

Description

Exceptional Investment Opportunity in Beverlywood: Duplex with RTI for Expansion, Welcome to 3256 Castle Heights Ave, a prime investment property in the highly sought-after Beverlywood neighborhood of Los Angeles. This well-positioned duplex not only offers immediate rental income but also comes with Ready to Issue (RTI) plans for substantial future development of 4,000sf duplex, with a 3 car garage, with alley access. Situated in the vibrant Beverlywood area, this duplex provides easy access to shopping, dining, and major transit routes, offering the perfect blend of urban convenience and suburban tranquility. Unit 1: A spacious 2-bedroom, 1-bath unit currently renting for $3,000 per month. Unit 2: A charming 1-bedroom, 1-bath unit renting for $2,300 per month. **Development Potential:** – **RTI Plans:** The property comes with Ready to Issue (RTI) plans for the construction of two additional units: Unit 3: A generous 5-bedroom, 5-bath residence designed for luxury living with ample space and modern amenities. Unit 4: A well-designed 3-bedroom, 3-bath home offering comfort and style. This development opportunity allows for increased rental income and the potential for enhanced property value.Unit 1: Features an open living area, updated kitchen, and two comfortable bedrooms. Unit 2: Includes a cozy living space, functional kitchen, and a charming bedroom. The property boasts a well-maintained exterior with a landscaped front yard and ample off-street parking. The shared backyard offers additional space that can be developed further or enjoyed by current tenants. With existing rental income and RTI plans for two additional high-demand units, this property represents a significant opportunity for investors looking to capitalize on the Los Angeles real estate market. Don’t miss the chance to own a property with immediate returns and exceptional growth potential. Contact us today to learn more about 3256 Castle Heights Ave and how it can be a strategic addition to your investment portfolio!

  • Address 3256 Castle Heights Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90034
  • Area C09 - Beverlywood Vicinity
  • Country United States

Details

Updated on September 14, 2024 at 6:36 am
  • Property ID: SGR-33902597
  • Price: $1,999,999
  • Property Size: 1205.00 m²
  • Land Area: 7036.00 m²
  • Bedrooms: 2
  • Bathrooms: 2
  • Year Built: 1948
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 1205.00
  • MLS#: 24435655
  • Office Name: THE AGENCY
  • Agent Name: Jacob Weinblut
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: The Agency
  • Co-Agent Name: Nicholas Pirzada
  • Agent State License: 02090454
  • Co-Agent State License: 02115027

Additional details

  • Cooling: None
  • Heating: Natural Gas,Wall Furnace
  • County: Los Angeles
  • Parking: 6.00

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