Dream Opportunity – Extra Income Property
This well-maintained property offers strong current income with excellent upside potential. It includes a small auxiliary unit suitable for office use, plus additional income-producing units. The garage has been converted into a full studio generating and there is one additional one-bedroom unit . The units are occupied, who will vacate the premises at close of escrow or sooner,,m, providing flexibility for owner occupancy or investment use. The new owner may increase rents, subject to market conditions. The County of Los Angeles has recently shown increased flexibility regarding permitting for garage conversions. Buyers are encouraged to verify legalization and permit status directly with the city. The 2 addition do not have permits,, The main residence features three (3) bedrooms and two (2) bathrooms and is in good ,,, Up to $150,000 in down payment assistance program cut be available with L.A County, (subject to eligibility).. Zero down payment options available. FHA financing or up to $10,000 toward closing costs, subject to buyer qualification. Offers must include Proof of Funds and a per-approval letter with FICO scores. Buyer to conduct their own due diligence regarding all aspects of the property.