2511 W 5th St, Los Angeles

Income-producing duplex in up-and-coming MacArthur Park neighborhood!

This charming property consists of 2 units each with 1 bedroom and 1 bathroom, plus there is a non-conforming studio space with kitchenette and bathroom. Located on a quiet cul-de-sac in a rapidly developing neighborhood between Koreatown and Downtown Los Angeles, with multiple new luxury buildings being constructed in the surrounding areas, there is potential for appreciation and value-add opportunities. Additional features include 3 fireplaces, wood-panel built-in shelving, 2 single-car garages, 2 sets of laundry hookups, new fencing and lush landscaping for privacy, shared outdoor patio space, and new security camera. This lovely duplex is a great opportunity to own an income-producing investment property with upside potential.