CA > Los Angeles
Los Angeles, CA 90034,3256 Castle Heights AVE
Los Angeles, CA 90034,3256 Castle Heights AVE
Los Angeles, CA 90034,3256 Castle Heights AVE
Los Angeles, CA 90034,3256 Castle Heights AVE
Los Angeles, CA 90034,3256 Castle Heights AVE
Los Angeles, CA 90034,3256 Castle Heights AVE
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Mina (Jack) Meleka

Mina (Jack) Meleka

+1(562) 900-9701
$ 1,999,999
Est. payment | /mo

2 Beds

2 Baths

1,205 SqFt

Save
$ 1,999,999
Est. payment | /mo
Save

2 Beds

2 Baths

1,205 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,205 sqft

Price per Sqft $1,659

MLS Listing ID 24435655

Bedrooms 2

HOA Y/N No

Year Built 1948

Lot Size 7,034 Sqft

Property Description

Exceptional Investment Opportunity in Beverlywood: Duplex with RTI for Expansion, Welcome to 3256 Castle Heights Ave, a prime investment property in the highly sought-after Beverlywood neighborhood of Los Angeles. This well-positioned duplex not only offers immediate rental income but also comes with Ready to Issue (RTI) plans for substantial future development of 4,000sf duplex, with a 3 car garage, with alley access. Situated in the vibrant Beverlywood area, this duplex provides easy access to shopping, dining, and major transit routes, offering the perfect blend of urban convenience and suburban tranquility. Unit 1: A spacious 2-bedroom, 1-bath unit currently renting for $3,000 per month. Unit 2: A charming 1-bedroom, 1-bath unit renting for $2,300 per month. **Development Potential:** - **RTI Plans:** The property comes with Ready to Issue (RTI) plans for the construction of two additional units: Unit 3: A generous 5-bedroom, 5-bath residence designed for luxury living with ample space and modern amenities. Unit 4: A well-designed 3-bedroom, 3-bath home offering comfort and style. This development opportunity allows for increased rental income and the potential for enhanced property value.Unit 1: Features an open living area, updated kitchen, and two comfortable bedrooms. Unit 2: Includes a cozy living space, functional kitchen, and a charming bedroom. The property boasts a well-maintained exterior with a landscaped front yard and ample off-street parking. The shared backyard offers additional space that can be developed further or enjoyed by current tenants. With existing rental income and RTI plans for two additional high-demand units, this property represents a significant opportunity for investors looking to capitalize on the Los Angeles real estate market. Don't miss the chance to own a property with immediate returns and exceptional growth potential. Contact us today to learn more about 3256 Castle Heights Ave and how it can be a strategic addition to your investment portfolio!

Location

State CA

County Los Angeles

Area C09 - Beverlywood Vicinity

Zoning LAR1

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator

Exterior

Garage Concrete, Door-Multi, Garage

Parking Type Concrete, Door-Multi, Garage

Total Parking Spaces 6

Building

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4311007017

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Jacob Weinblut • The Agency
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 900-9701

jack@themelekagroup.com

California, USA

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3256 Castle Heights AVE