Homes for sale - 343 E 98th ST, Los Angeles, CA 90003

$510,000

$589,900 13.5%

Est. payment - /mo

5 Beds

2 Baths

1,640 SqFt

UPDATED:

Key Details

Sold Price $510,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,640 sqft

Price per Sqft $310

MLS Listing ID SR24207812

Sold Date 11/21/24

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1925

Lot Size 5,074 Sqft

Property Description

Welcome to 343 E 98th St, a prime opportunity for first time & savvy investors. This duplex offers a front unit with 2 bedrooms & 1 bathroom and a back unit with 3 bedrooms & 1 bathroom and has Tenants in place. Incredible investment opportunity, making it a perfect match for those looking to build equity or generate rental income in the dynamic South Los Angeles market. Property Features include a bright and spacious living room ideal for family gatherings or tenant relaxation. The expansive backyard with the potential for landscaping or outdoor activities, offers additional appeal for renters or future expansion. A gated driveway with space for multiple vehicles, adding security and convenience including a large lot, providing excellent potential for future development. An affordable entry into the competitive Los Angeles housing market. Enjoy passive income while building long-term equity with its prime location with strong rental demand to increase value through development & current income production. Conveniently located near major freeways (105 and 110), ideal for commuters. Proximity to schools, grocery stores, shopping centers, public transportation, and nearby parks and community centers for family-friendly activities. This property offers the perfect blend of affordability, investment potential, and comfort.

Location

State CA

County Los Angeles

Area Watt - Watts

Zoning LAR1

Rooms

Main Level Bedrooms 5

Interior

Interior Features All Bedrooms Down

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry See Remarks

Exterior

Parking Features Driveway

Pool None

Community Features Urban

View Y/N Yes

View Neighborhood

Accessibility None

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 6052019027

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash

Special Listing Condition Standard

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Listed by Sandro Bononi • Luxury Collective • sandro@luxurycollectivere.com
Bought with Sandro Bononi • Luxury Collective

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Rene Ramirez

+1(951) 384-0656

Broker | License ID: 02038829

Broker License ID: 02038829

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343 E 98th ST Los Angeles, CA 90003