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Listed by Jinglin Yue • COMPASS
$ 1,099,000
Est. payment /mo
Active Under Contract
2346 Las Colinas Avenue Los Angeles, CA 90041
4 Beds
3 Baths
2,218 SqFt
UPDATED:
12/17/2024 03:07 PM
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,218 sqft
Price per Sqft $495
MLS Listing ID WS-24136998
Bedrooms 4
Full Baths 3
Year Built 1922
Lot Size 10,059 Sqft
Property Description
Welcome to 2346 Las Colinas Avenue in the highly desirable Eagle Rock neighborhood! This versatile duplex, situated on a spacious 10,055-square-foot lot, presents an exceptional investment opportunity as well as an ideal setup for an owner-user. The front unit features three bedrooms and two bathrooms within 1,372 square feet of comfortable living space. With an open floor plan, generously sized rooms, and a convenient laundry room, this home is both functional and inviting. The large front yard, side yard, and two-car carport add to the appeal. Currently rented for $1,500 per month, it provides a steady income stream. The back unit offers one bedroom and one bathroom spanning 965 square feet, including a finished permitted basement. This unit has a private rear yard with a large patio, perfect for entertaining. It is currently rented for $1,100 per month, ensuring additional rental income. Additionally, the property includes a detached garage with an office/workshop behind it, which holds great potential for conversion into an ADU (Accessory Dwelling Unit) for even more income, subject to city approval (buyer to investigate). This property is perfect for investors looking to capitalize on rental income or for families seeking to live in one unit while renting out the other to subsidize their mortgage. Located in a sought-after neighborhood, it offers proximity to top-rated schools, shopping, and easy freeway access, making it an attractive choice for a wide range of buyers. Don't miss out on this exceptional opportunity to own a versatile property with significant potential in the heart of Eagle Rock!
Location
State CA
County Los Angeles
Zoning LAR1
Interior
Cooling Central Air
Fireplaces Type None
Laundry Washer Hookup
Exterior
Garage Spaces 1.0
Pool None
Community Features Curbs, Sidewalks, Valley
View Y/N Yes
View City Lights
Building
Lot Description Paved
Sewer Public Sewer