2500 Fairmount, Los Angeles, CA 90033

$849,900

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List Price
$849,900
Status
ACTIVE
MLS#
DW26231187
Year Built
2006
Lot Size
3,094
Acres
0.07
Lot Location
Back Yard
Days on Market
0
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

REMODELED VACANT UNIT! NO RENT CONTROL! PRIME LOS ANGELES DUPLEX OPPORTUNITY! Welcome to 2500 Fairmount St., Los Angeles, CA 90033! An exceptional opportunity for investors and owner-occupants seeking rental income potential and long-term value! This duplex features two spacious units, each offering 3 bedrooms and 1 bathroom, for a combined total of 6 bedrooms and 2 bathrooms. The lower unit has been newly remodeled, featuring new flooring, fresh interior paint, and an updated kitchen, creating a modern and inviting living space. BEST OF ALL, THE LOWER UNIT WILL BE DELIVERED VACANT AT CLOSE OF ESCROW! This provides an excellent opportunity for buyers looking to occupy one unit while collecting rental income from the other, or investors seeking to secure a new tenant. Each unit includes its own washer and dryer hookups, offering added convenience and functionality. MAJOR INVESTMENT ADVANTAGE: NO RENT CONTROL! This property presents an attractive opportunity for investors seeking rental flexibility and long-term income potential. Ideally situated near Los Angeles General Medical Center (formerly USC Medical Center), Downtown Los Angeles, major freeways, and surrounding employment centers, this location offers convenient access to some of the city's major destinations. Its proximity to the medical center also creates potential appeal for healthcare professionals, traveling nurses, and other prospective tenants. Whether you're looking to expand your investment portfolio, establish a rental income stream, or take advantage of owner-occupied multifamily living, this property checks all the boxes! DON'T MISS THIS OPPORTUNITY TO OWN A REMODELED, INCOME-PRODUCING DUPLEX WITH NO RENT CONTROL IN LOS ANGELES! SCHEDULE YOUR PRIVATE SHOWING TODAY!

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
2

Listing courtesy of Listing Agent: Laura Borbon (lborbon@sbcglobal.net) from Listing Office: Century 21 Allstars.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.