3256 Castle Heights Ave, Los Angeles, CA 90034

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$1,850,000

Est. payment - /mo

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3 BD

2 BA

1,205 SqFt

New

3256 Castle Heights Ave Los Angeles, CA 90034

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Jennifer Stuart

[email protected] +1(702) 265-4498

UPDATED:

11/22/2024 07:22 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,205 sqft

Price per Sqft $1,535

MLS Listing ID 24-466005

Style Traditional

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1948

Lot Size 7,036 Sqft

Acres 0.1615

Property 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!

Location

State CA

County Los Angeles

Area Beverlywood Vicinity

Zoning LAR1

Rooms

Other Rooms Other

Dining Room 0

Interior

Heating Electric

Cooling Wall/Window

Flooring Hardwood

Fireplaces Type None

Equipment Range/Oven

Laundry None

Exterior

Garage Garage - 2 Car, Driveway - Concrete, Garage Is Detached

Garage Spaces 8.0

Pool None

View Y/N No

View None

Building

Story 1

Architectural Style Traditional

Level or Stories One

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by The Agency

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Jennifer Stuart

Agent | RE.56321

+1(702) 265-4498

Jennifer Stuart

3256 Castle Heights Ave Los Angeles, CA 90034

Jennifer Stuart

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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3256 Castle Heights Ave