Offered at: $658,000
4114 Naomi Avenue, Los Angeles
FHA/VA/NACA OK. 2 really nice duplexes on large lot, ideal for family compound. First time offered in 25 years, huge upside in rents. Rear unit vacant and remodeled high end with quartz counters, stainless appliances, engineered floors, etc. Rents are 50% under market: 4114: 2 beds + den, 2 baths, $1063; 4114 1/2: 2 beds, 2 baths, $1032; 4118: 1 bed, 1 bath, $770; 4118 1/2: 1 bed, 1 bath, vacant (market $1400). Each unit is 533 sq. ft.; the 1 beds could be converted to 2’s – see floorplans in supplements. There used to be another duplex in rear, could be rebuilt (public records still show 6 units, 3434 sqft.). Raised foundations, separate meters, tankless water heaters, laundry rooms, very low maintenance. Completely wrought iron gated 45 X 141 R2 lot with large yard, on quiet 1 block long street. 84 Walkscore: 1-4 blocks to Nevin Elementary, Carver Middle School, Jefferson High,Ross Snyder Park and Recreation Center. 2 miles to Coliseum, USC and L.A. Live.
