Properties
Los Angeles, CA 90042 248 Branch Street
$1,495,000
39 more
Presented By: Mischa Ben Nicolas with IET Real Estate;
Beds • 7
Baths • 2
SQFT • 2,766
Home Details
Located in Highland Park on a 6,402 sq ft LARD2 lot, this 2-on-a-lot duplex setup is an incredible owner occupied or investment opportunity. Currently generating +$9,600/mo income. Compare this income to other duplexes in the area.... Rehabbed in late 2019, 248 Branch consists of one front unit with 3br/2ba, and a back unit with 4br/3ba. 248 1/2 back house has a private back patio with a planting area and front unit has a private front yard. Adjacent duplex 252 Branch APN# 5493001014 also available for sale (MLS# 25-607413) Front House CofO-1958, Back House CofO-1982 (front house under LA RSO back house appears to be non RSO -- buyer to verify) Interior pix are from 2019 remodel. Both units currently occupied Just North of the popular places on York Blvd such as Dulce de Leche, The York or Joy restaurant and a short 5-minute drive to the Arroyo Seco park and golf course.
Presented By: Mischa Ben Nicolas with IET Real Estate;
Interior Features for 248 Branch Street
Bedrooms
Total Bedrooms7
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Common WallsNo Common Walls
Heating Y/NYes
Total Stories2
Other Rooms
Entry Level1
General for 248 Branch Street
Additional Parcels Y/NYes
Architectural StyleCraftsman
Buyer FinancingConventional
Cap Rate5.81
CityLos Angeles
CountyLos Angeles
DirectionsFrom CA 110 N, take exit 30A toward Marmion Way, keep left at the fork, take S Avenue 64 and York Blvd. to Branch street
Facing DirectionEast
Full Baths
Gross Income115308
HOANo
HeatingForced Air
High School DistrictLos Angeles Unified
LevelsTwo
Living Area2766
Lot Size Square Feet6402
Lot Size UnitsSquare Feet
MLS Area632 - Highland Park
Net Operating Income86932
New ConstructionNo
Number Of Units Total2
Occupancy TypeTenant
Open Parking Spaces5
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property Attached Y/NNo
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerOther
Special Listing ConditionsStandard
Standard StatusActive Under Contract
StatusActive Under Contract
Stories Count2
Tenant PaysElectricity, Gas
ViewNone
Year Built1906
Year Built SourceAssessor
ZoningLARD2
Exterior for 248 Branch Street
Building Area Total2766
Lot Dimensions40x160
Lot Size Acres0.147
Lot Size Area6402
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings2
Parking FeaturesUncovered
Total Parking5
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Big Hollow Elementary School
