For Sale House MLS# 26989485

425 N Eastern Avenue

Los Angeles, CA 90022

$729,000

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About 425 N Eastern Avenue

SELLER OFFERING $10,000 CREDIT TOWARD BUYER'S RATE BUYDOWN OR CLOSING COSTS!RARE OPPORTUNITY TWO FULLY REMODELED, VACANT HOMES ON ONE LOT! This exceptional East Los Angeles property offers incredible flexibility for owner-users, investors, multi-generational living, or buyers seeking rental income potential. Both residences are delivered VACANT and MOVE-IN READY, allowing the new owner to occupy one and rent the other, house extended family, or utilize both as income-producing properties. Comparable rentals in the area are approximately $2,500-$3,000 per month per unit (buyer to verify).Located in the unincorporated area of East Los Angeles, EACH HOME features 2 BEDROOMS, 1 BATHROOM, New kitchen, Living room and a private entrance, providing privacy and independence. Both residences have been extensively upgraded, including BRAND-NEW ROOF, REWIRED ELECTRICAL SYSTEM, REINFORCED FOUNDATION, UPDATED PLUMBING, LUXURY VINYL FLOORING, NEW KITCHEN CABINETS & COUNTERTOPS, REMODELED BATHROOMS, RECESSED LIGHTING, and FRESH INTERIOR & EXTERIOR PAINT, plus numerous additional improvements. The property also features a spacious, shaded backyard ideal for entertaining, recreation, or future development potential. Potential ADU opportunity buyer to independently verify with the appropriate agencies. A long driveway provides parking for up to 3 vehicles. Conveniently located near Cesar Chavez Avenue, with easy access to shopping, dining, public transportation, schools, and neighborhood amenities. Centrally positioned near the 5, 10, 60, and 710 freeways, offering convenient access throughout Los Angeles. Two vacant homes. Extensive renovations. Flexible living options. Rental income potential. $10,000 seller credit. Opportunities to purchase two turnkey residences on one lot are rarely available. Don't miss this unique East Los Angeles property!

Property details

Property

Type
Single Family Residence
MLS type
Single Family Home
Status
Active
Year built
1923
Stories
1
Living area
1,392 sqft
Price / sqft
$524
Lot
0.1581
Full baths
2
Furnished
Unfurnished
Original price
$729,000
MLS #
26989485

Interior

Flooring
Vinyl

Exterior & lot

Features
Parking spaces: 0
Construction
1
Lot
LCR3*
View
City Lights
Parking
Driveway

Schools

District
Los Angeles Unified School District

Utilities

Security
Smoke Detector(s)

Financial

Parcel
5234003005
Special conditions
Standard

Location

Area
ELA - East Los Angeles
County
Los Angeles
Directions
corner of Eastern and Cesar Chavez Ave

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Listed by Arvin Azaradibi, KRE8 Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.