9302 S Central AVE Los Angeles, CA 90002

Pretty new, good income property, both units are occupied or you can live in one unit and rent the other, have the renter pay most of your mortgage. One unit is just remodelled with tile floor in family room, new laminate for all bedrooms. Remodeled kitchen with new granite counter top, new stove, new oak cabinetry, move in 12/2013. Other unit, tenant has lived there for at least 2-3 year, is rent by Section 8, tenant is paying $1450 ( tenant has 2 bedrooms voucher, next identical property next door is rent by section 8 at $1850 , rent can be raised 3% a year. Rent is way below the market price. Each unit has separate electric and gas meters paid by tenants. Both units are month-to-month rent, tenants love to sign a long term lease contract but because owner wants to sell so she leave this opportunity to the new owner. All information is provided by seller, reliable but buyer/buyer's agent need to investigate and satisfied themselves.
Central location, close to LAX, easy access to Fwy 110, 105...