6
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$510,000
$589,900 13.5%
Est. payment /mo
5 BD
2 BA
1,640 SqFt
Sold on 11/21/2024
343 E 98th ST Los Angeles, CA 90003
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Key Details
Sold Price $510,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,640 sqft
Price per Sqft $310
MLS Listing ID SR24207812
Bedrooms 5
Full Baths 2
Year Built 1925
Lot Size 5,074 Sqft
Property Description
Welcome to 343 E 98th St, a prime opportunity for first time & savvy investors. This duplex offers a front unit with 2 bedrooms & 1 bathroom and a back unit with 3 bedrooms & 1 bathroom and has Tenants in place. Incredible investment opportunity, making it a perfect match for those looking to build equity or generate rental income in the dynamic South Los Angeles market. Property Features include a bright and spacious living room ideal for family gatherings or tenant relaxation. The expansive backyard with the potential for landscaping or outdoor activities, offers additional appeal for renters or future expansion. A gated driveway with space for multiple vehicles, adding security and convenience including a large lot, providing excellent potential for future development. An affordable entry into the competitive Los Angeles housing market. Enjoy passive income while building long-term equity with its prime location with strong rental demand to increase value through development & current income production. Conveniently located near major freeways (105 and 110), ideal for commuters. Proximity to schools, grocery stores, shopping centers, public transportation, and nearby parks and community centers for family-friendly activities. This property offers the perfect blend of affordability, investment potential, and comfort.
Location
State CA
County Los Angeles
Area Watt - Watts
Zoning LAR1
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Laundry See Remarks
Exterior
Garage Driveway
Pool None
Community Features Urban
View Y/N Yes
View Neighborhood
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Los Angeles Unified
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
Listed by Sandro Bononi • Luxury Collective • [email protected]
Bought with Sandro Bononi • Luxury Collective
Bought with Sandro Bononi • Luxury Collective
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