248 Branch St Los Angeles, CA 90042
Two-unit property in Highland Park generating over $9,600 monthly income.
Lot size:
0.15 AcresProperty Features for 248 Branch St
General Information
- Lot size
- 0.15 Acres
Building Details
- Year built
- 1906
Source: IET Real Estate
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Highland Park Duplex Investment Opportunity
Located in Highland Park, this duplex on a 6,402 sq ft LARD2 lot presents an investment opportunity. The property features a 2-on-a-lot setup and currently generates over $9,600 per month in income. The property was rehabbed in late 2019. The front unit includes 3 bedrooms and 2 bathrooms, while the back unit offers 4 bedrooms and 3 bathrooms. The back unit at 248 1/2 Branch features a private back patio with a planting area, and the front unit has a private front yard. The adjacent duplex at 252 Branch, APN# 5493001014, is also available for sale (MLS# 25-607413). The front house has a Certificate of Occupancy (CofO) from 1958, and the back house has a CofO from 1982. The front house is under LA RSO, while the back house appears to be non-RSO. Interior pictures are from the 2019 remodel. Both units are currently occupied. The property is located just north of York Blvd, near Dulce de Leche, The York, and Joy restaurant, and is a short 5-minute drive to the Arroyo Seco park and golf course.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.18597
- Latitude
- 34.11872
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Two-unit property in Highland Park generating over $9,600 monthly income.
Where is this duplex located?
The property is located at 248 Branch St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: - High income-generating duplex: Currently generating +$9,600/month.; - Two units: Front unit (3br/2ba) and back unit (4br/3ba).; - Rehabbed in late 2019.