830 N Bonnie Beach Pl City Terrace, CA 90063

$850,000
City Terrace, CA   90063
0 Beds, 0.0 Baths, 0 sq ft, 5,821 sq ft lot, Built in 2010
830 N Bonnie Beach Pl, City Terrace, CA 90063 Photo 0
830 N Bonnie Beach Pl, City Terrace, CA 90063 Photo 1
830 N Bonnie Beach Pl, City Terrace, CA 90063 Photo 2
830 N Bonnie Beach Pl, City Terrace, CA 90063 Photo 3
830 N Bonnie Beach Pl, City Terrace, CA 90063 Photo 4
830 N Bonnie Beach Pl, City Terrace, CA 90063 Photo 5
830 N Bonnie Beach Pl, City Terrace, CA 90063 Photo 6
0 Beds,
0.0 Baths,
0 sq ft,
5,821 sq ft lot
Built in 2010

Description

MLS# SB21031286

We are pleased to present this rare opportunity to purchase a newly constructed Duplex in an excellent, low supply submarket of Greater Los Angeles. The property features a Favorable Unit Mix of (2) Large 3 Bed/2 Bath Units with each spanning almost 1,600 Rentable SF. Despite the unparalleled size of each unit, the building's efficient footprint provides each tenant with their own Garage Parking Space. Most Importantly, due to its 2010 Construction, the building is not subject to A.B. 1482 and is thus not restricted when it comes to Rent Adjustments. Additionally, with the Record Low Interest Rates, this offering is poised for Excellent Income upon Acquisition, as well as substantial upside in the extended term. Moreover, this offering represents an Excellent Owner/User Opportunity as it is perfect for an investor looking to live in one unit and rent out the other in order to further offset their Debt Service. Centrally located near the 5, 10, 60, 101, and 710 Freeways, the building offers easy access to all areas of Los Angeles and the vast employment opportunities therein, and also falls within close proximity to both Cal State Los Angeles & East Los Angeles College. In addition, the property is located within 3 miles to the bustling development and employment hub of Downtown LA. Downtown is already responsible for nearly 500,000 jobs and, with new projects continuing to break ground, City Terrace will remain one of its greatest beneficiaries. Listed by Evelyn Baez Gonzalez, Lyon Stahl Investment Real Estate, Inc..

Description

MLS# SB21031286

We are pleased to present this rare opportunity to purchase a newly constructed Duplex in an excellent, low supply submarket of Greater Los Angeles. The property features a Favorable Unit Mix of (2) Large 3 Bed/2 Bath Units with each spanning almost 1,600 Rentable SF. Despite the unparalleled size of each unit, the building's efficient footprint provides each tenant with their own Garage Parking Space. Most Importantly, due to its 2010 Construction, the building is not subject to A.B. 1482 and is thus not restricted when it comes to Rent Adjustments. Additionally, with the Record Low Interest Rates, this offering is poised for Excellent Income upon Acquisition, as well as substantial upside in the extended term. Moreover, this offering represents an Excellent Owner/User Opportunity as it is perfect for an investor looking to live in one unit and rent out the other in order to further offset their Debt Service. Centrally located near the 5, 10, 60, 101, and 710 Freeways, the building offers easy access to all areas of Los Angeles and the vast employment opportunities therein, and also falls within close proximity to both Cal State Los Angeles & East Los Angeles College. In addition, the property is located within 3 miles to the bustling development and employment hub of Downtown LA. Downtown is already responsible for nearly 500,000 jobs and, with new projects continuing to break ground, City Terrace will remain one of its greatest beneficiaries. Listed by Evelyn Baez Gonzalez, Lyon Stahl Investment Real Estate, Inc..

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    Mike Misquez, MBA

    NMLS# 1662824

    Direct: (909) 251-2560
    Email: mike@colonialres.com

Area
AREA: CTER - City Terrace
COUNTY: LA
Building Info
STORIES: 1
COMMON WALLS: 1 Common Wall
PARKING: Garage
ROOMS: Attic
COOLING: Central, Gas
HEATING: Central Furnace
VIEW: None
POOL: None
LAUNDRY: Gas Dryer Hookup, Inside
Interior Features
APPLIANCES: Dishwasher
FLOOR: Carpet, Laminate, Tile
FIREPLACE: Bath
Exterior Features
DIRECTION: East
FENCING: Wrought Iron
LOT: 0-1 Unit/Acre
FOUNDATION: Raised
Garage & Parking
PARKING SPACES: 2.00
GARAGE SPACES: 2.00
Community
COMMUNITY: Sidewalks, Street Lighting
UNITS TOTAL: 2
STORIES TOTAL: 1
Land
WATER: Public
LOT NUMBER: 5
TRACT NUMBER: 6445
ZONE: LCR2*
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