About 10603 Lou Dillon Ave
Welcome to 10603 Lou Dillon Avenue a versatile triplex offering incredible opportunities for first-time buyers, investors, or extended families. This property is delivered fully vacant and is ready for immediate occupancy. Unit 1: This spacious 3-bedroom, 2-bathroom home has been fully remodeled and is move-in ready. It features updated flooring, a modern open concept kitchen, stylish bathrooms, and fresh paint throughout. Units 2 & 3: Located in a detached building, these two identical 1-bedroom, 1-bathroom units are both recently updated with new flooring and fresh paint. This property is ideal for a first-time buyer looking to live in a beautifully updated unit while renting out the other two. Perfect for investors seeking passive cash flow by renting all three units, or for a large family looking for separate living spaces within a single property. Property also features ample parking available at both the front and rear of the property. Expansive lot with potential to extend or build an additional unit. Prime location with easy access to local amenities and transport links. Whether you're looking to reside in one unit and rent the others, generate passive income from all three units, or accommodate a big family, this property offers the flexibility and potential to meet your needs. Don't miss this unique opportunity.
Features of 10603 Lou Dillon Ave
| MLS® # | 24-426659 |
|---|---|
| Price | $899,000 |
| Units | 3 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Square Footage | 1,614 |
| Acres | 0.15 |
| Year Built | 1923 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Style | Contemporary |
| Status | Active |
Community Information
| Address | 10603 Lou Dillon Ave |
|---|---|
| Area | Metropolitan South |
| City | LOS ANGELES |
| County | Los Angeles |
| State | CA |
| Zip Code | 90002 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Garages | Driveway |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Laminate |
|---|---|
| Heating | Wall |
| Cooling | Ceiling Fan |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Has Basement | No |
Exterior
| Exterior | Stucco |
|---|---|
| Roof | Shingle |
| Construction | Stucco |
Additional Information
| Date Listed | August 12th, 2024 |
|---|---|
| Days on Market | 30 |
| Zoning | LAR1 |
| Foreclosure | No |
| RE / Bank Owned | No |
| Gross Operating Income | $80,400 |
| Net Operating Income | $75,000 |
Unit 1 Details
| Beds | 3 |
|---|---|
| Baths | 2.00 |
Unit 2 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
Unit 3 Details
| Beds | 1 |
|---|---|
| Baths | 1.00 |
Listing Details
| Agent | Raul Herrera (02043227) |
|---|---|
| Office | eXp Realty of California Inc |