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$819,900
4 bed
2 bath
0 Sqft
7,148 Sqft lot

1639 E 90th Street, Los Angeles, California 90002

  • Residential Income Property Type
  • 7 Days Time on market
  • 1910 Year Built
Property Description

**Attention Investors & Savvy owner-occupied buyers alike! Exceptional Investment Opportunity! VACANT!!! Spacious, permitted legal duplex—plus an additional third unit—is now available on a generous 7,146 sq. ft. lot. Zoned LACR2 With Ready to Issue (RTI) plans already in place for two additional Accessory Dwelling Units (ADUs) totaling additional 1,000 sq. ft.to be added 2 two bedrooms, this property is primed for growth. Alley access provides separate rear entry. The owner completed a full remodel of the entire property, including all new roof and all-new plumbing under the house. The kitchen features fresh white cabinets with quartz countertops, and both the interior and exterior have been freshly painted. Updated lighting fixtures, electrical panels, new shower fixtures, bathroom vanities enhance the property, along with new waterproof vinyl flooring and metal fencing. Current rental estimates are promising: the front unit could generate $2,500+, while the back 2-bedroom, 1-bath unit may yield around $4,000, along with an additional studio in the spacious backyard. This totals approximately $6,500 per month! Alternatively, you can live in the studio and rent the two larger units for a total of $5,000 monthly. Approved ADUs expected to add another $5,000+ monthly, this property represents a significant cash flow opportunity. *Key Features:* Separate water and gas meters for 2 unit, minimizing overhead costs. Two separate driveway entrances: a front driveway accommodating up to 2-4 vehicles and a rear driveway for 4. A large, fenced backyard ready for your vision. Conveniently located near freeways and major transportation including the Metro Blue Line. It’s also across Washington Park, schools, vibrant Avalon Gardens and Hacienda Village neighborhoods. Being just outside Los Angeles city limits! means less restrictive regulations for development. Architectural and engineering plans included, most permits already paid. The buyer can easily transfer plans right before construction. Build now or later—the choice is yours! Don’t miss this incredible investment opportunity! Property functions effectively as a triplex, as the front units have been split to create two separate units. Enjoy a quiet street just a short walk from an arts academy, a large park with soccer field, basketball courts, pools, and the Washington Park Center. Don’t let this incredible investment slip away! Seize the chance to transform your future and create lasting legacy today!

Basic Details
Residential Income
Buy
SR24212148
$819,900
4
2
0 Sqft
1910
7,148 Sqft
Active
Triplex
Multi-family
Features
: Electric
: Suburban
0
$0
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90002
1639 E 90th Street
1639
Street
0
W119° 45' 19.4''
N33° 57' 19.8''
E
Additional Information
7
1
1
1
: One
1
: Gas Dryer Hookup, Inside, Outside, Laundry Closet
0
1,540 Sqft
1
0 Sqft
0 Sqft
0.16 Sqft
7,148 Sqft
1
: No Common Walls
0 Sqft
LCR2*
6044005037
$0
$0
$0
$3,000
$0
$0
0 Sqft
1
0 Sqft
$0
1
12/10/2024 13:16:50
$0
: Standard
Cash,Conventional
Firestone blvd turn on Maie to 90th st
NextHome Milestone
Mohamed Hassan
F9348001
F207055239
$0
7.6
1
1
: Back Yard
1
: Electricity Connected, Natural Gas Connected, Water Connected, Sewer Connected
1
: Square Feet
yes
1
1
2
2
1
3
49
6500
US-06037-N-6044005037-R-N
Triplex
12/10/2024 20:27:37
90th
C37 - Metropolitan South
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