Description

Darling Duplex with 1 VACANT UNIT & ADU POTENTIAL OR REIMAGINE INTO A SINGLE FAMILY HOME! Here's your chance to live in 1 unit and with a 25% down payment on a 30-year fixed rate mortgage @ 6.82%, your payment is about $4525 per month including your rental income, taxes and insurance - why rent or buy a condo when you can build equity and own an appreciating asset with no HOA and CC&Rs? Don't miss this PRIME WESTSIDE single level duplex lovingly built & thoughtfully maintained by the original owners since 1949 perfect for OWNER USERS, DEVELOPERS, or INVESTORS! Set upon a 5,000 (50'x100') square foot R3-zoned TOC Tier 3 double lot with rear alley access, this is an outstanding opportunity to build an impressive multifamily investment in one of Mar Vista's most central locales close to the beach, Culver City, Venice, the Marina, Westwood, Century City, UCLA, and major freeways. Perched above street level behind lush landscaping and offering phenomenal curb appeal, each unit feels like its own private bungalow complete with gleaming Oak hardwood floors, paneled walls, in unit washer/dryers, mid-century baths, and ample patio/yard space. Updated amenities include a newer sewer line, upgraded plumbing, and regularly scheduled pest maintenance, while a shared detached 2-car garage could make a perfect ADU. Entry level income properties with 1 VACANT UNIT featuring generous building/lot sizes along with the coveted density bonus designation rarely come around, making this a special offering for anyone who wants upside potential. Vacant unit can be shown but occupied unit to be shown with an accepted offer.