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Key Details
Sold Price $1,280,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Belmont Heights (Bh)
MLS Listing ID PW23138630
Year Built 1923
Lot Size 6,342 Sqft
Property Description
Welcome to 256 & 256.5 Prospect Ave. This lovely side by side duplex is in the heart of Belmont Heights located minutes from Belmont Shore, Belmont Pier, and the Pacific Ocean. Each unit has 1 bedroom and 1 bath with 780 sqft of living space. 256 is recognized as the owner?s unit renovated and updated with the following features: hardwood floors throughout, recessed lighting, newer kitchen cabinets along with Stainless Steel appliances with new fixtures, quartz countertops & backsplash tile floors from the kitchen through to the main bath, closet built-ins, nicely designed bathroom with tub shower combination, freshly painted interior and I can?t forget to mention the old school murphy bed still exists in the living room. The lot measures over 6,300 sqft offering a very open and spacious backyard, could be the perfect opportunity to add (2) two car garages off the alley with a 2 bed/2 bath home above the garages (buyer should verify with the city). The extended and gated driveway offers plenty of off-street parking. The exterior of the property has been freshly painted, new landscaping and sprinkler system. Need storage? The home also has a 150 sqft basement/cellar. Unit 256.5 has been a rental unit for many years, the tenant currently pays $1600 per month. The units are separately metered for electricity and gas. Other features of this property include newer HVAC systems for both units, copper supply lines, and newer water heater. With its excellent condition and great location in a strong coastal rental market, this offering is an outstanding turnkey opportunity with the possibility to expand and create your own environment.
Location
State CA
County Los Angeles
Area 2 - Belmont Heights, Alamitos Heights
Zoning LBR1N
Rooms
Other Rooms Shed(s)
Interior
Heating Central
Cooling Central Air
Flooring Tile, Wood
Fireplaces Type None
Laundry Washer Hookup, Gas Dryer Hookup, Stacked
Exterior
Exterior Feature Rain Gutters
Parking Features Driveway, Electric Gate
Fence Wood
Pool None
Community Features Curbs, Sidewalks
View Y/N No
View None
Roof Type Flat
Building
Lot Description Back Yard, Landscaped, Sprinklers Timer, Sprinkler System
Story 1
Foundation Raised
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
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Bought with Kelly Hurst • Seven Gables Real Estate
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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