Welcome to 5329 2nd Avenue an exceptional income-producing property in the heart of Los Angeles with a cap rate of over 6%. The main house is a charming, recently renovated Craftsman-style with 2 bedrooms and 1 bathroom. A newly constructed ADU with 3 bedrooms and 2 bathrooms sits behind. The property is beautifully landscaped with spacious front and back yards. Located in close proximity to USC, with easy access to major highways, shops, restaurants, and entertainment. This property is a must-see for those looking for a turnkey investment property in a highly desirable area. The main house is currently rented for $3,200/mo and the ADU is currently rented for $4,000/mo.
Date | Event | Price | $/Sqft | Source |
---|---|---|---|---|
Listing Removed For Sale | $1,149,988 | Compass | ||
Price Changed | $1,149,988 -2.13% | Compass | ||
Price Changed | $1,175,000 -2.08% | Compass | ||
Listed For Sale | $1,199,988 | Compass |