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135 N Avenue 25

Los Angeles (City), CA 90031
  • $999,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: SB24240152
UPDATED: 52 min ago
$999,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Ratings & Info

Listing Agent(s): Elizabeth Sayad of Estate Properties (310-378-7747) and Gabrielle Herendeen of ()


Description

Welcome to this exceptional opportunity: Two homes on a lot, delivered vacant and ready for immediate use. With no prior rental history, both units offer the flexibility to secure market rents or live in a beautifully remodeled duplex, perfectly situated in the vibrant neighborhood of Lincoln Heights. This property was purchased and created with the intention of the builders living on the property with top of the line finishes and is not your typical flip. This property provides flexibility for various living situations, whether you're seeking a multi-generational home, rental income, or simply a stylish, spacious residence. Unit #135 offers 3 bedrooms, and 2 bathrooms, plus an office with one of the bedrooms being transformed to a brand new walk-in closet with designer built-in finishes, Nest thermostats for effortless climate control, a beautifully updated kitchen with a waterfall countertop and bar seating, new interior and exterior doors, and a private office with separate entry and dedicated A/C unit with heat. Unit #137 offers 2 bedrooms, and 1 bathroom, complete with a separate laundry room for your added convenience. Each unit boasts beautiful living areas full of natural light, newly installed HVAC systems, stylish kitchens equipped with brand-new cabinets, stainless steel appliances, custom countertops and extensively renovated bathrooms featuring custom tile work, illuminated vanity mirrors and are designed with comfort and elegance in mind. The light-filled interiors showcase high ceilings, recessed lighting, new wide plank blonde flooring, and freshly painted interiors. Seamlessly blending indoor comfort with outdoor enjoyment, this home features spacious interiors and an extensive outdoor living area perfect for entertaining or relaxing year-round. The exterior features an electric car charger, custom awnings, a new front deck, motion sensor lighting, and lush olive, avocado, and ficus trees. This duplex provides flexibility and potential for growth with the possibility of putting an Accessory Dwelling Unit (ADU) in the backyard, offering significant opportunity for future expansion, rental income, or additional living space. Conveniently located near Downtown LA, Dodgers Stadium, and major freeways this gem offers an appealing option for buyers seeking a balance of history, culture, and modern amenities. Dont miss your opportunity to own an income-generating duplex that feels like new construction in a part of this thriving community.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-20T08:25:11.793. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/158448730
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135 N Avenue 25 Los Angeles (City), CA 90031

  • Price: $999,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 52 min ago
  • MLS #: SB24240152
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1913
Built
Neighborhood:
677 - Lincoln Hts
County:
Los Angeles
Area:
677 - Lincoln Hts
Property Description
Welcome to this exceptional opportunity: Two homes on a lot, delivered vacant and ready for immediate use. With no prior rental history, both units offer the flexibility to secure market rents or live in a beautifully remodeled duplex, perfectly situated in the vibrant neighborhood of Lincoln Heights. This property was purchased and created with the intention of the builders living on the property with top of the line finishes and is not your typical flip. This property provides flexibility for various living situations, whether you're seeking a multi-generational home, rental income, or simply a stylish, spacious residence. Unit #135 offers 3 bedrooms, and 2 bathrooms, plus an office with one of the bedrooms being transformed to a brand new walk-in closet with designer built-in finishes, Nest thermostats for effortless climate control, a beautifully updated kitchen with a waterfall countertop and bar seating, new interior and exterior doors, and a private office with separate entry and dedicated A/C unit with heat. Unit #137 offers 2 bedrooms, and 1 bathroom, complete with a separate laundry room for your added convenience. Each unit boasts beautiful living areas full of natural light, newly installed HVAC systems, stylish kitchens equipped with brand-new cabinets, stainless steel appliances, custom countertops and extensively renovated bathrooms featuring custom tile work, illuminated vanity mirrors and are designed with comfort and elegance in mind. The light-filled interiors showcase high ceilings, recessed lighting, new wide plank blonde flooring, and freshly painted interiors. Seamlessly blending indoor comfort with outdoor enjoyment, this home features spacious interiors and an extensive outdoor living area perfect for entertaining or relaxing year-round. The exterior features an electric car charger, custom awnings, a new front deck, motion sensor lighting, and lush olive, avocado, and ficus trees. This duplex provides flexibility and potential for growth with the possibility of putting an Accessory Dwelling Unit (ADU) in the backyard, offering significant opportunity for future expansion, rental income, or additional living space. Conveniently located near Downtown LA, Dodgers Stadium, and major freeways this gem offers an appealing option for buyers seeking a balance of history, culture, and modern amenities. Dont miss your opportunity to own an income-generating duplex that feels like new construction in a part of this thriving community.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/AcreBack YardFront YardRectangular Lot Number Of Separate Electric Meters 2 Open Parking Spaces 3 Other Structures Two On A Lot Parking Features Driveway LevelDrivewayPaved Parking Total 3 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherGas OvenGas RangeMicrowaveRefrigerator Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating Central Heating YN Yes Interior Features Built-in FeaturesHigh CeilingsRecessed LightingStorageAll Bedrooms DownBedroom on Main Level

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsStreet LightsSidewalks Electric Expense 3000 Garage YN No Gross Income 87000 Gross Scheduled Income 87000 Insurance Expense 2500 Land Lease YN No Laundry Features Stacked Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 57000 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 30000 Possession Close Of Escrow Property Condition Updated/Remodeled Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 430 Water Sewer Expense 1000 Water Source Public Zoning LARD2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-01-20T08:25:11.793. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Elizabeth Sayad of Estate Properties (310-378-7747) and Gabrielle Herendeen of ()