Welcome to the 55th Street Duplex! This is truly a perfect real estate opportunity for anyone looking to take advantage of a long term investment or to achieve passive income. Each unit is an open concept with living room and kitchen, 2 bedrooms, 1 bath and an office. Freshly renovated with vinyl flooring and carpet, fresh paint, electrical, plumbing, new cabinets, countertops and sinks in the kitchen and bathroom and water heaters. The property comes with plenty of parking in the back and there is also an opportunity to build an ADU and increase your income. Preliminary architectural ADU plans have been drafted and can be made as part of the sale. Centrally located, close to Downtown LA, in great proximity to major freeways, Sofi Stadium, Crypto Stadium, USC and LAX.
One unit is vacant and the other unit is occupied with a tennant who is paying full rent on time and is a month to month lease.
Hurry up! This classic 1921 home just received an incredible makeover and it won’t last long. Don’t miss this great financial real estate investment.