Los Angeles, CA 90022,701 Leonard Avenue
Los Angeles, CA 90022,701 Leonard Avenue
Los Angeles, CA 90022,701 Leonard Avenue
36
$725,000
$679,000
6.8%
Est.Price: ?

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5 BD
3 BA
7,479 Sqft Lot

701 Leonard Avenue Los Angeles, CA 90022

Est. payment /mo
SOLD DATE : 05/02/2025

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Key Details

Sold Price $725,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID P1-21394

Sold Date 05/02/25

Bedrooms 5

HOA Y/N No

Lot Size 7,479 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Exciting Investment Opportunity in East Los Angeles! Unlock the full potential of this cozy triplex, a true diamond in the rough, consisting of a single-family house and a duplex. This is an amazing opportunity for investors or buyers seeking to add their personal touch and maximize returns. Whether you're looking to live in one unit and rent out the other two, or lease all three units, the possibilities are there. The single-family house is a charming 3-bedroom, 1-bath bungalow, featuring a quaint front yard, a detached one-car garage, and additional parking for up to three more vehicles. The units in the duplex units are each 1 bedroom and 1 bath, with their own front yards, garages, and additional parking. One of the duplex units has recently been refreshed with fresh paint and new flooring, adding instant value. Situated in a prime East L.A. location, this property is just minutes away from Whittier Blvd, schools, shops, restaurants, and entertainment, ensuring high demand from potential tenants or future buyers.This is a great find with income potential and the perfect canvas for your next project. Come see it for yourself and imagine the possibilities!
Exciting Investment Opportunity in East Los Angeles! Unlock the full potential of this cozy triplex, a true diamond in the rough, consisting of a single-family house and a duplex. This is an amazing opportunity for investors or buyers seeking to add their personal touch and maximize returns. Whether you're looking to live in one unit and rent out the other two, or lease all three units, the possibilities are there. The single-family house is a charming 3-bedroom, 1-bath bungalow, featuring a quaint front yard, a detached one-car garage, and additional parking for up to three more vehicles. The units in the duplex units are each 1 bedroom and 1 bath, with their own front yards, garages, and additional parking. One of the duplex units has recently been refreshed with fresh paint and new flooring, adding instant value. Situated in a prime East L.A. location, this property is just minutes away from Whittier Blvd, schools, shops, restaurants, and entertainment, ensuring high demand from potential tenants or future buyers.This is a great find with income potential and the perfect canvas for your next project. Come see it for yourself and imagine the possibilities!

Location

State CA

County Los Angeles

Area Los Angeles (90022)

Zoning Public Rec

Interior

Cooling Wall/Window

Exterior

Roof Type Composition

Building

Lot Description Corner Lot, Curbs

Story 1

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Space Rent $1,000

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Leonard Diaz • Berkshire Hathaway HomeServices California Properties
Bought with Equity Smart Real Estate Services

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Todd Kerrn

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