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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$949,999

Est. payment - /mo

5,427 Sqft Lot

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Sat May 09, 10:00am - 4:00pm

Sun May 10, 10:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26092286

HOA Y/N No

Year Built 1927

Lot Size 5,427 Sqft

Property Sub-Type Duplex

Property Description

Welcome to 631-629 Leonard Ave! Fully Remodeled Duplex with R3 Zoning & ADU Potential
Excellent opportunity to own a beautifully remodeled duplex, perfect for investors or owner-occupants alike. Both units have been thoughtfully upgraded with major improvements including a new main electrical panel and subpanels, new roofs, updated flooring throughout, along with fully renovated kitchens and bathrooms. Mini split for heating and cooling in the front unit and central air and heating in the rear.
The front unit features a 3-bedroom, 1-bath layout (currently configured as a 2-bedroom, 1-bath), offering flexibility to suit various living needs. The rear unit is a spacious 3-bedroom, 2-bath. Each unit includes its own in-unit washer and dryer area, providing added convenience and independence for occupants. Also parking situated behind the units that consist or a carport for 3 cars and plenty of space.
Situated on an R3-zoned lot, the property offers excellent potential for future development, including the possibility of adding an ADU (buyer to verify). This property is ideal for a 1031 exchange buyer or for someone looking to live in one unit while generating rental income from the other.
Turnkey, versatile, and full of upside—don't miss this opportunity.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Interior

Heating Combination, Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Laminate

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Parking Features Detached Carport

Carport Spaces 3

Pool None

Community Features Curbs, Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6342022027

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

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Listed by Joseph Mayorga Better Homes and Gardens RE 323-479-2416, DRE #02118816

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631 Leonard Los Angeles, CA 90022