Los Angeles, CA 90041,1942 Chickasaw AVE
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Los Angeles, CA 90041,1942 Chickasaw AVE
Los Angeles, CA 90041,1942 Chickasaw AVE
Los Angeles, CA 90041,1942 Chickasaw AVE
Los Angeles, CA 90041,1942 Chickasaw AVE

$1,130,000

Est. payment /mo

$1,199,000

5.8%
Est.Price: ?

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1942 Chickasaw AVE Los Angeles, CA 90041

SOLD DATE : 11/16/2021

Key Details

Sold Price $1,130,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-1

MLS Listing ID 219067956DA

Sold Date 11/16/21

HOA Y/N No

Year Built 1954

Property Description

Attention Small Lot Developers and first time home buyers!! Great opportunity to develop or live in one unit and lease out the other unit. This is a unique property with unlimited potential located in the strong rental market of LA. Duplex boasting 1 bedroom 1 bath each. Both units are vacant. The interior includes tile and wood flooring, copper plumbing, wall heater, window AC and much more. Outside laundry hook up. The property included a third unit that was demolished however there is a credit for sewer and square footage with the city if someone wanted to rebuild. Remaining of the third unit is a one car garage that has a 10X10 office above it and a 1/4 bath that are all permitted and add an estimated 112 sq ft to the property, which can be legally rented for extra income. Seller has been paying to keep the status of that third unit. Thru lot to paper street Oak Tree Drive. Lot can also be subdivided, seller has records of an expired soil report and topography survey. Lot is 10,411 sq ft. Three separate addresses, 3 electric meters, one water meter and two gas meters. The city also allows for ADU accessory dwelling unit. Buyer to verify zoning. Motivated seller. Aggressively priced.

Location

State CA

County Los Angeles

Area 618 - Eagle Rock

Rooms

Other Rooms Guest House

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Tile, Wood

Fireplace No

Appliance Water Heater

Exterior

Garage Driveway, On Street

Garage Spaces 1.0

Garage Description 1.0

Parking Type Driveway, On Street

Total Parking Spaces 1

Building

Lot Description Lawn

Story 1

Entry Level One

Level or Stories One

Additional Building Guest House

Others

Senior Community No

Tax ID 5686016025

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Eddie Sanin • Desert Gate Real Estate
Bought with Rosa A. Garcia • Division One Invst. & Loan

GUIDE SoCal

Broker | License ID: DRE#01976964

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