151 S Carmelita Avenue, Los Angeles, CA 90063

$869,000 Asking Price

4 beds
2 baths
1,540  sqft
Built in 1920

READY FOR MOVE-IN! Charming East LA Duplex with Income Potential! Perched on a hill with stunning Downtown LA views, this newly remodeled duplex offers an excellent opportunity for both homeowners and investors. The main 2 bed, 1 bath unit (800 sq ft) is ready for move-in, featuring brand new flooring and fresh interior paint, plus a private front yard—perfect for pets, BBQs, or enjoying your morning coffee. The second 2 bed, 1 bath unit (700 sq ft) is currently rented on a month-to-month basis at $2,450/month with a reliable tenant. With ample parking for 4+ vehicles and located in a quiet neighborhood, this property offers both comfort and convenience. Bonus: The property comes with plans for a third unit, nearly through the planning process, adding even more income potential. Situated close to major freeways (5, 60, 10, 710) and near local hotspots like Obregon Park, the Arts District, and ELAC. A perfect blend of convenience, charm, and opportunity! We also welcome FHA buyers!

Features & Amenities

Interior

General:
Stone Counters, Updated Kitchen
Laundry:
Other, Electric, Inside
Flooring:
Vinyl
A/C:
true, Central Air
Heating:
true, Forced Air
Fireplace:
None
Disability Feature:
Other

Exterior

Pool:
None

Construction

General:
Multi/Split

Location

HOA Amenities:
0.0
School District:
Los Angeles Unified
County:
Los Angeles

Lot

Zoning:
LCR2, 5233028034
View:
City Lights

Utilities

Utilities:
Sewer Connected
Water:
Public
Sewer:
Public Sewer

This listing courtesy of:
Greenpoint Real Estate Services, Aldo Baltodano

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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