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16412 Firmona Avenue
16412 Firmona Avenue
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$874,500

16412 Firmona Avenue

1,552 Sq.Ft.

Description

$20,000 PRICE REDUCTION!!! All the same great features but at a lower price!!!

South Lawndale Duplex on a large 6381 SF lot! So many possibilities for this property make it an investors dream. The front unit is 2Bd 1Ba and easy to make a 3/2 because there's land to work with. Or build up. Or put a small investment into the interior of the front unit and bring its rent up to top tier of the 2/1 market. Or just sit back and collect rents from 2 stable and longtime tenants. The 30 day notice of the annual rent increase will be delivered in June.

Off Street Parking--The property boasts a ton of off-street parking, 8 spaces altogether which is huge in this neighborhood where parking is at a premium. The front unit has 1 carport with a driveway for a total of 2 parking spaces. The 1Bd 1Ba back unit sits atop 3 garages with driveways facing Firmona for a total of 6 possible parking spaces.

Garages are rented separately from the residences--2 of the garages rent for $200/mo each and the other for $160/mo. Garages can be storage space which is how all 3 garages are currently be used. On-site storage is huge because space at a storage facility would be of equal or greater cost to the tenants and much less convenient.

Pet Rent--Both tenants pay pet rent of $100/mo and $75/mo respectively.

Back unit upgrades--2019 kitchen was upgraded with new kitchen flooring, cabinets, countertops and sink, new water heater and cabinet, new double paned windows and blinds throughout. 2021 new refrigerator and oven/range with hood, new bdrm ceiling fan with light and remote control, new bdrm closet, new wall furnace.

Front unit upgrades--2024 new double paned windows and slider (5 year transferrable warranty), new garbage disposal.

Building exteriors--2024 front unit was termite inspected/tented and findings addressed, new privacy fence/security gate, new gutters. Both buildings received RoofMax treatment (5 year transferrable warranty) along with fresh exterior paint (all wood work and stucco).

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Location

16412 Firmona Avenue, Lawndale, CA 90260

Status

Sold
Linda Frieden

Linda Frieden

TITLE

Sales Associate

Property Amenities

Interior
Laundry room Washer Hookup, Gas Dryer Hookup, In Kitchen, Laundry Room
Fireplace None
Appliances Exhaust Fan, Gas Cooktop, Disposal, Gas Oven, Refrigerator, Range Hood
Flooring Carpet, Laminate
Other Interior Features Bedroom on Main Level
Area & Lot
Lot Area 6,381 Sq.Ft.
Living area 1,552 Sq.Ft.
MLS® ID SB25107613
Year Built 1966
View Description None
Type Multi-Family
Status Sold
Exterior
Stories 2
Pool None
Air conditioning None
Heat type Wall Furnace
Disability Features None
Water Source Public
Garage Space 3.0
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Public Sewer
Parking Attached Carport, Asphalt, Concrete, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, Side By Side
Lot Features Back Yard, Corner Lot, Front Yard, Lawn, Level, Near Public Transit, Paved, Rectangular Lot, Street Level, Walkstreet, Yard
Utilities Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Overhead Utilities
Finance
Sales Price $874,500
Maintenance Fee $1,200 monthly

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