3256 Castle Heights Avenue
Los Angeles, CA 90034
- 3 beds
- 2 baths
- 1,205 sqft
- 7,036 sqft lot
- $1,535 per sqft
- 1948 build
- – on site
Exceptional Investment Opportunity in Beverlywood: Duplex with RTI for Expansion, Welcome to 3256 Castle Heights Ave, a prime investment property in the highly sought-after Beverlywood neighborhood of Los Angeles. This well-positioned duplex not only offers immediate rental income but also comes with Ready to Issue (RTI) plans for substantial future development of 4,000sf duplex, with a 3 car garage, with alley access. Situated in the vibrant Beverlywood area, this duplex provides easy access to shopping, dining, and major transit routes, offering the perfect blend of urban convenience and suburban tranquility. Unit 1: A spacious 2-bedroom, 1-bath unit currently renting for $3,000 per month. Unit 2: A charming 1-bedroom, 1-bath unit renting for $2,300 per month. **Development Potential:** - **RTI Plans:** The property comes with Ready to Issue (RTI) plans for the construction of two additional units: Unit 3: A generous 5-bedroom, 5-bath residence designed for luxury living with ample space and modern amenities. Unit 4: A well-designed 3-bedroom, 3-bath home offering comfort and style. This development opportunity allows for increased rental income and the potential for enhanced property value.Unit 1: Features an open living area, updated kitchen, and two comfortable bedrooms. Unit 2: Includes a cozy living space, functional kitchen, and a charming bedroom. The property boasts a well-maintained exterior with a landscaped front yard and ample off-street parking. The shared backyard offers additional space that can be developed further or enjoyed by current tenants. With existing rental income and RTI plans for two additional high-demand units, this property represents a significant opportunity for investors looking to capitalize on the Los Angeles real estate market. Don't miss the chance to own a property with immediate returns and exceptional growth potential. Contact us today to learn more about 3256 Castle Heights Ave and how it can be a strategic addition to your investment portfolio!
Last checked:
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Last updated Nov 23, 2024
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MLS# 24466005 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1948
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New Construction:No
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Architectural Style:Traditional
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Stories Total:1
Interior
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Levels:One
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Flooring:Wood
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Room Type:Living Room
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Fireplace:No
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Fireplace:None
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Laundry:None
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Laundry:1
Room Dimensions
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Living Area:1205.00
Location
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Directions:North of 10 and north of National
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Latitude:34.03187500
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Longitude:-118.39926700
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:LAR1
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Lot Size Area:7036.0000
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Lot Size Acres:0.1615
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Lot Size SqFt:7036.00
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View:None
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:3
Baths
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Total Baths:2
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Full & Three Quarter Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4311007017
Heating & Cooling
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Heating:1
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Heating:Electric
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Appliances
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Included:Yes
The Community
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Senior Community:No
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Pool:None
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Private Pool:No
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Spa Features:None
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Association:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Garage - Two Door, Concrete
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Parking Spaces:8.00
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Attached Garage:No
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Garage Spaces:2.00
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Uncovered Spaces:6.00
Monthly cost estimate
Asking price
$1,850,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$9,906
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| Taxes | N/A |
| Insurance | $508 |
| Utilities | $133 See report |
| Total | $10,547/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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11/22/24
Nov 22, 2024
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Listed / Active | CRMLS_CA | $1,850,000 | 19.4% (7.5% / YR) |
|
10/18/24
Oct 18, 2024
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Listed / Active | CRMLS_CA | ||
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9/4/24
Sep 4, 2024
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Listed / Active | BRIDGE |
44% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $150k above asking price on average, but some went as high as $410k over asking price.
