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$1,099,999
Est. payment /mo
4 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID GD25202019
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity to own a spacious two-story duplex in one of Tujungas most desirable neighborhoods. Sitting on a large 13,419 square foot lot, this property offers 2,443 square feet of combined living space with tremendous upside potential. The downstairs unit features 2 bedrooms and 1 bathroom with approximately 1,143 square feet, highlighted by laminate flooring, a walk-in closet, central air conditioning, wall heater, and an updated bathroom. The upstairs unit is even larger at approximately 1,300 square feet, offering 2 bedrooms and 1 bathroom, a spacious living room, a bonus den currently used as a family room, a kitchen with pantry, and a large bonus closet off the hallway. The property also includes a detached two-car garage with excellent potential for future ADU conversion, and the expansive lot provides room for the possibility of additional Junior ADUs (buyer to check with city and verify all permit requirements on their own). Each unit is separately metered for gas and electricity, while sharing one water meter. A storage shed with washer and dryer hookups adds extra convenience, and the large driveway offers ample parking for multiple cars. Landlord covers water, trash, sewer and gardener. Tenants pay for their own electricity and gas. Nestled on a quiet cul-de-sac, this fixer-upper is perfect for investors, developers, or homeowners looking for a multi-generational living setup with strong income potential. With its prime location, spacious lot, and incredible opportunities for value-add improvements, such opportunities don't come around that often.
Location
State CA
County Los Angeles
Zoning Assessor
Direction west on Foothill, right on Tujunga canyon, right on Olcott Ave and left on Covert Ave
Interior
Cooling Central Forced Air, Other/Remarks
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 2570012021
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Listed by Toma Barseghian Real Brokerage Technologies, Inc
