130 S Clarence St, LOS ANGELES, CA

$729,000

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4

Beds

2

Baths

1,499

Square feet

0.08

Acres

About 130 S Clarence St

Welcome to 130 - 130 1/2 Clarence St, a well-kept exceptional investment opportunity in the prime neighborhood of Boyle Heights. Zoned RD3, this property is a short walk to the nearest Metro light rail station, and minutes from DTLA and the Arts District. This duplex consists of two separate detached structures with its own private access and yard spaces. The front unit is 2 bedroom (currently used as 3 bedroom) and 1 bathroom. The back unit is 2 bedroom 1 bathroom with an attached basement. Easy access to major Freeways 10, 60, 5, 101. The steady demand for rental properties in the area ensures a consistent stream of income, providing a reliable source of cash flow. Property will be delivered with tenants in place.

Features of 130 S Clarence St

MLS® # 24-384885
Price $729,000
Units 2
Bedrooms 4
Bathrooms 2.00
Square Footage 1,499
Acres 0.08
Year Built 1923
Type Residential Income
Sub-Type Duplex
Style California Bungalow
Status Active

Community Information

Address 130 S Clarence St
Area Boyle Heights
City LOS ANGELES
County Los Angeles
State CA
Zip Code 90033

Amenities

Features Two On A Lot
Garages Public
View City
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Laminate, Hardwood, Tile
Heating Wall
Cooling Window Unit(s)
Fireplace No
Fireplaces None
Has Basement No

Exterior

Exterior Stucco
Lot Description Fenced, Front Yard
Construction Stucco
Foundation Raised Foundation

Additional Information

Date Listed April 26th, 2024
Days on Market 13
Zoning LARD3
Foreclosure No
RE / Bank Owned No
Actual Annual Gross Rent $44,640
Gross Operating Income $44,640
Net Operating Income $31,375

Unit 1 Details

Beds 2
Baths 1.00
Rent $2,554

Unit 2 Details

Beds 2
Baths 1.00
Rent $1,166

Listing Details

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Listing Map

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