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670 Gerhart Avenue, East Los Angeles, California 90022

Residential Income Sold
$725,000
Lot Area 0.15 Sqft
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Listing Attribution
Listing ID:
MLS SB20248976
Listed by:
Juree Rambo · DRE
· Rambo Real Estate Group ·
Property Description

670/672 S. Gerhart Ave. is a non-rent control attached duplex offering approximately 1,730 square feet of combined living space on an approximate 6,612 square foot lot. Gerhart offers an owner/user the opportunity to live in one unit and collect current market rent on the other and or the savvy investor a potential CAP rate of 5.55%+. The front unit is an oversized 1 bedroom 1 full bath with a very functional floor plan. The unit offers a rare eat in kitchen, laundry hook-ups, new carpet in bedroom, wood flooring in the common areas, tile floor in kitchen/bath, tons of natural light and freshly painted. The rear unit, which feels more like a detached home, has 2 bedrooms, 1 full bathroom with an eat in kitchen and a back porch with laundry hook-ups that lead directly to the rear yard. There is new carpet in both bedrooms, wood flooring in living and common areas and tile flooring in the kitchen and bathroom. The double wide driveway allows ample parking that ends with a detached garage + the lot features a front and rear yard to easily allocate private outdoor space for each unit! Gerhart is surrounded by the 60, 710 and 5 freeway; walking distances to big box retailers such as Target/Ross as well as major banks Wells Fargo/Chase and minutes away from the Citadel Outlets that offer over 130 retail stores to shop!

Listing Attribution
Listing ID:
MLS SB20248976
Listed by:
Juree Rambo · DRE
· Rambo Real Estate Group ·
Contact Agent
Ivan Londoño
Smart Equity Realty

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