Property is a permitted Duplex 1435 & 1439 Pine Ave, PLUS there is a bonus structure in the back that is a perfect for a Studio Unit. Buyer can check with the city as there is a potential to add an additional unit and make this into a Quad as there is the room to do so. As it sits, you can expect a 6% CAP Rate. This is a great opportunity to buy to live in the front house and rent out the others. Front House boasts 3 generous bedrooms with two baths with one being an En-Suite, gleaming new laminate flooring throughout, new tiled flooring and custom tiled showers, expansive living area perfect for all gatherings that opens to a new gourmet island kitchen adorned with new fixtures and appliances. The ADU is a one bedroom one bath charming cottage with all new finishes including a brand new kitchen. There is a non-permitted Studio that was present and we just remodeled. There is plenty of gated parking to turn this into a Quad as the front house has a one car garage they can access while the back units have gated parking in the rear. In addition to every detail being new on the interior the property was upgraded with New Ext. Paint, New Siding, New Windows, New Roof, New Stucco, New Garage Door, and New Split Unit AC installed all making this a smart purchase.
|
DAYS ON MARKET
|
21
|
LAST UPDATED
|
12/30/2024
|
|
TRACT
|
Downtown (DT)
|
YEAR BUILT
|
1921
|
|
COMMUNITY
|
Downtown Area, Alamitos Beach
|
GARAGE SPACES
|
6.0
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Ductless |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Water Heater |
| AREA |
Downtown Area, Alamitos Beach |
| GARAGE |
Concrete, Converted Garage, Door-Single, Garage, Gated, Paved, Private, Yes |
| HEAT |
Central |
| HOA DUES |
0 |
| INTERIOR |
All Bedrooms Down, Bedroom on Main Level, Ceiling Fan(s), Dressing Area, Galley Kitchen, Granite Counters, Main Level Primary, Multiple Primary Suites, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Storage, Unfurnished |
| LOT |
7462 sq ft |
| LOT DESCRIPTION |
11-15 Units/Acre, Level, Paved, Yard |
| PARKING |
Converted Garage,Concrete,Door-Single,Garage,Gated,Paved,Private |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| STYLE |
Bungalow, Spanish |
| SUBDIVISION |
Downtown (DT) |
| UTILITIES |
Cable Available,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available,Phone Connected,Sewer Available,Sewer Connected,Water Available,Water Connected |
| VIEW DESCRIPTION |
None |
| WATER |
Public |
| ZONING |
LBR4R |
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Listed with COLDWELL BANKER BLACKSTONE RTY
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/9/25 11:40 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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