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$ 629,000
Est. payment /mo
New
301 N McDonnell AVE Los Angeles, CA 90022
3 Beds
2 Baths
1,505 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,505 sqft
Price per Sqft $417
MLS Listing ID 26989351
Bedrooms 3
HOA Y/N No
Year Built 1930
Lot Size 7,013 Sqft
Property Description
We are pleased to present 301 N McDonnell Ave, a fully occupied 2-unit property in East Los Angeles offering an attractive combination of rental upside, abundant parking, and future development potential. THE PROPERTY WILL BE SOLD WITH ALL TENANTS IN PLACE. The proper ty consists of two detached, single-story residences totaling approximately 1,505 square feet of rentable living area, situated on a substantial 7,011-square-foot corner lot zoned LCR2. The unit mix includes one 2-bedroom/1-bathroom unit and one 1-bedroom/1-bathroom unit, both currently occupied. A detached 2-car garage, along with approximately 5 additional uncovered tandem parking spaces, provides an exceptional amount of parking for the property. Current rents of fer significant upside, providing an investor with an opportunity to increase cash flow through future rental adjustments and strategic repositioning. Residents benefit from convenient access to a variety of retail, dining, and neighborhood amenities, including Steven's Steak & Seafood House, Ruby's Diner, Starbucks, Il Saggio Italian Restaurant, Tamayo Restaurant & Art Gallery, Mi Pueblo Salvadoran Restaurant, Birrieria Gonzalez, El Gallo Giro, and Tacos Baja. The property is also located near Whittier Boulevard, the primary commercial corridor serving East Los Angeles and a longstanding destination for shopping, dining, services, and local culture. With its sizable corner lot, two detached residences, abundant parking, and substantial rental upside, 301 N McDonnell Ave presents an attractive opportunity for investors seeking a well-located East Los Angeles duplex with immediate income-growth potential and long-term optionality. Contact the listing broker for additional information.
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Zoning LCR2*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features Driveway, Garage, Tandem
Total Parking Spaces 5
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5235006014
Special Listing Condition Standard
Listed by Casey Lins Kidder Mathews of California, Inc. #01902650
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