$1,850,000
Beds:
3
Baths:
2
Sqft:
1,205
Sqft lot:
7,034
Acre lot:
0.16
Just Listed -
Property listed by The Agency, Jacob Weinblut
Status:
Active
Property Type:
Single Family Residence
Year Built:
1948
Days On Website:
1
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!
Features
Bathrooms
- 2 full bathrooms
- 2 total bathrooms
Bedrooms
- 3 total bedrooms
Building
- Built in 1948
- Building area total: 1,205
- Levels: One
- Living area: 1205
- 1 story
- Architectural style: Traditional
Cooling
- WallWindowUnits
Fireplaces
- None
Floors
- Wood
Garage
- 2 spaces
Heating
- Electric
Laundry
- None
Listing
- ListingID: 24466005
- Standard status: Active
Location
- Country: US
Lot
- 0.1615 acres
- 7,036 square feet
- Size: 7,036
Parking
- 6 open parking spaces
- 8 totals parking
- Concrete
- DoorMulti
- Garage
Pool
- None
Property
- Zoning: LAR1
- None
Spa
- None
Property Map
Map View
$1,850,000 - 3256 Castle Heights Avenue, Los Angeles, CA 90034
Street View
Directions
3256 Castle Heights Avenue
Los Angeles, CA 90034
Country: US