CA > Los Angeles
Los Angeles, CA 90041,1607 Campus Road
Los Angeles, CA 90041,1607 Campus Road
Los Angeles, CA 90041,1607 Campus Road
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Mike Jones

Mike Jones

+1(480) 326-9233
$1,480,000
Est. payment /mo
4 Beds
3 Baths
2,282 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,282 sqft

Price per Sqft $648

MLS Listing ID OC25184393

Style Mediterranean/Spanish

Bedrooms 4

Full Baths 3

Year Built 1927

Lot Size 7,422 Sqft

Property Sub-Type Detached

Property Description

INSTANT EQUITY OPPORTUNITY: Multi-Unit Investment Property with Built-In Equity PRICED TO SELL | Recently Appraised at $1,645,000.This rare multi-income property presents an exceptional opportunity for investors and multi-generational families seeking immediate equity and multiple revenue streams. INVESTMENT OVERVIEW:The property offers extraordinary income flexibility with its current two-unit configuration & significant future development potential. Owner-occupy the main residence while generating rental income from the permitted attached unit, convert to student housing for Occidental College's consistent rental market, or lease all units separately to maximize returns. The large detached two-car garage presents outstanding opportunities for ADU and JADU conversion subject to city approvals allowing you to add income-generating units that will dramatically boost your ROI. THE MAIN RESIDENCE:Three-bedroom, two-bathroom residence with classic LA architectural character awaiting remodel. Spacious formal living & dining rooms flow into the kitchen with adjacent breakfast area. Three bedrooms, two full baths, and laundry room. This property needs cosmetic work and modernization, creating an excellent value-add opportunity to force appreciation through strategic improvements. PERMITTED ATTACHED CASITA: flexible dual-access design. The ground floor offers a versatile bonus room with private entrance, perfect as a fifth bedroom, office, or Living room with kitchenette. Upstairs is a one-bedroom suite with full bath. This unit connects to the main home via interior door while mai

Location

State CA

County Los Angeles

Zoning LAR1

Direction Between N. Eagle Rock and York Ave

Interior

Heating Wall/Gravity

Flooring Carpet, Tile, Wood

Fireplaces Type FP in Living Room

Fireplace No

Laundry Gas & Electric Dryer HU

Exterior

Parking Features Garage, Garage - Single Door

Garage Spaces 2.0

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

View Y/N Yes

Water Access Desc Public

Roof Type Tile/Clay

Accessibility 2+ Access Exits

Porch Covered, Patio Open

Total Parking Spaces 6

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 5474006006

Acceptable Financing Cash, Cash To Existing Loan, Cash To New Loan, Conventional

Listing Terms Cash, Cash To Existing Loan, Cash To New Loan, Conventional

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MLS Router / San Diego MLS
Listed by Paula Aragone First Team Real Estate

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Mike Jones

Mike Jones

+1(480) 326-9233

Agent | CA BRE #01094232

Agent CA BRE #01094232

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