Description

3430 11th Avenue is located in the vibrant and rapidly evolving West Adams neighborhood of Los Angeles. The subject property is located just south of Jefferson and west of Arlington Ave. The Duplex features two distinct units a front residence offering 1 bedroom and 1 bathroom, complemented by a rear unit that is a large 3BR + 2 bath unit. Current rental income reflects strong market positioning but also upside potential with the front unit receiving $2,106 monthly and the rear unit generating $2,388 per month. The total size of the duplex is approximately 1,872 sq. ft. and it sits on a lot of approximately 5,420-sq. ft. lot with LAR1 zoning. Both units received extensive interior renovations in 2012 and both units have their own washer and dryers. There is also the opportunity to add am ADU unit to the back garage.This exceptional duplex represents an ideal acquisition for both owner-occupiers seeking to offset their housing costs and astute multifamily investors recognizing the tremendous value-add potential in the rapidly evolving West Adams neighborhood.