$1,079,000

Condominium In Los Angeles

  • 5 Beds
  • 3 Baths
  • 2,450 Sqft
  • 5,450 Sqft lot
  • Updated: Today
  • Source:
    San Diego MLS  MLS#SR26219325

About the Property

TURNKEY 2026 REMODELED DUPLEX + NEW ADU | FULLY VACANT | INVESTMENT OPPORTUNITY! Offered at $1,079,000! Discover this extensively remodeled duplex with a newly built ADU, offering three separate living spaces and exciting rental-income potential. The property features two front units, each with 2 bedrooms and 1 bathroom, plus a separate rear 1-bedroom, 1-bathroom ADU completed in 2026. REMODELED F
TURNKEY 2026 REMODELED DUPLEX + NEW ADU | FULLY VACANT | INVESTMENT OPPORTUNITY! Offered at $1,079,000! Discover this extensively remodeled duplex with a newly built ADU, offering three separate living spaces and exciting rental-income potential. The property features two front units, each with 2 bedrooms and 1 bathroom, plus a separate rear 1-bedroom, 1-bathroom ADU completed in 2026. REMODELED FROM TOP TO BOTTOM IN 2026! Improvements include a new roof, remodeled kitchens and bathrooms, new appliances, electrical improvements, updated walls and finishes, and central A/C in all three units. No one has lived in the property since the renovation. Major improvements are complete, allowing the next owner to focus on leasing rather than undertaking a major renovation. PROJECTED RENTAL INCOME: Front 2BD/1BA: $3,500/month Front 2BD/1BA: $3,500/month Rear 1BD/1BA ADU: $2,200/month TOTAL PROJECTED GROSS RENT: $9,200/MONTH | $110,400/YEAR. At the asking price, this represents approximately a 10.2% gross rental yield before operating expenses, vacancy, financing, taxes, insurance, and other costs. LIVE IN ONE, RENT THE OTHER TWO! Owner-occupants can live in one front unit while renting the other unit and ADU. Investors can lease all three spaces to establish multiple income streams from one property. Delivered fully vacant, the property offers flexibility to establish new leases and a rental strategy. THINK LONG-TERM: Investors may benefit from rental income, potential rent growth, and future appreciation. An illustrative future value of $1.5 million would represent approximately $421,000 in gross appreciation from the asking price, before selling costs, financing, taxes, and other expenses. Future value is not guaranteed. Three separate living spaces. Extensive 2026 renovations. Newly built ADU. Central A/C throughout. Fully vacant and ready for its next chapter!
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  • Property type

    Condo

  • Floors

    1

  • Year built

    1923

  • Price/sqft

    $440

Features

  • Duplex
  • New Builds
  • Renovated
  • Investment Property
  • Air Conditioning

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1745 W 39th, Los Angeles, California, United States View on Google Maps
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Real Brokerage Technologies Inc - Sherman Oaks

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Real Brokerage Technologies Inc - Sherman Oaks
California, United States
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2026
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Real Brokerage Technologies Inc - Sherman Oaks
Sherman Oaks, California, United States
View agency profile
Last updated
Today
First listed
October 14
Listing reference
SR26219325
Listing status
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