Property Details
Description
Located in one of the hottest NELA neighborhoods, Glassell Park, this two house cash cow is as hip as it is a great investment. Each of the 1 bedroom, brightly colored “jewel boxes” are heavy hitters in the income department bringing in $1,800 in the front house and $2,013 in the back house. Both homes are filled with natural light and character details like wood floors, period tiles, and original windows. The back house has central heat and air. There’s a cute patio area with a built-in bench behind the detached garages and the rear house benefits from a private side and backyard. This is a great starter investment that cashflows with about 20% down. That’s not easy to find in a two-unit property in this condition.
Hearth LA’s Jessica Webb-Simpson represented the buyer of this home.
Property Features
- Duplex Semi-detached
- 2 bed
- 2 bath
- Built 1956
- 1 Parking Spaces
- Land is 1,292 square
- Floor Area is 4,862 square
- Garage
- Open Parking Spaces