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Keller Williams Luxury
10974 Willowbrook Avenue, Los Angeles, CA 90059
- $945,000
- List Price
- $945,000
- Status
- COMING SOON
- MLS#
- PW26217372
- Year Built
- 1998
- Lot Size
- 8,469
- Acres
- 0.19
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- One Level
Property Description
Generating approximately $78,000 in yearly revenue with a rare 7.89% cap rate, this income-producing duplex sits on an expansive 8,500 sq ft flat lot — that presents a compelling opportunity to add 2 or more additional residential units or ADUs, with the added benefit of the bottom unit being completely remodeled, creating multiple avenues to expand rental income while maximizing the property's highest and best use. Investment opportunities that combine strong current returns with this level of future development potential on a flat, buildable lot are becoming increasingly rare — and increasingly valuable. Each unit offers 4 bedrooms, 2 bathrooms, and 1,248 sq ft of spacious living space — a size and layout that feels like a single-family residence, attracting quality long-term tenants and keeping vacancy low.
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $77,340
- Operating Expense
- 6744
Listing courtesy of Listing Agent: Miguel Valeriano Martine (Homes@mvalerianore.com) from Listing Office: Coldwell Banker Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.