$1,280,000
Los Angeles, CA 90008
4
Beds
4
Baths
1,551
Sq. Ft.
1938
Year Built
Los Angeles
County
SingleFamilyResidence
Property Type
A rare two-unit income property in the heart of Leimert Park front house plus a fully permitted, separately addressed detached ADU, two legal units on one deed.The front house: 3 bed / 3 bath, ~1,551 SF, beautifully remodeled with farmhouse-style hardwood floors, a fireplace, and a designer kitchen with a quartz waterfall island. New roof, plumbing, electrical, and a tankless water heater nothing here needs work. The primary suite offers a spa-like bath with a soaking tub, and French doors open to a private backyard with mature fruit trees.The detached ADU (4070 Sutro Ave) has its own address, full kitchen, bath, skylight, and in-unit laundry ready for a tenant, a guest suite, or a home office from day one.This isn't a speculative income play. Apartment buildings sit across the street and down the block, so the rental demand here is already proven, not projected. Current market rents: $4,750/mo for the front house, $1,750/mo for the studio $6,500/mo gross, roughly $78,000 a year.No HOA. No shared walls. Real flexibility for whoever buys it:- House hackers live in the front house, let the ADU offset the mortgage- 1031 exchange buyers two rentable units from close, a strong income-producing replacement property- Multigenerational households a separate, private studio with its own entrance and kitchen for parents or adult childrenMinutes to USC, 1520 to Culver City, and close to Downtown LA, dining, shopping, and Metro access.
$6,813/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. 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. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.