2346 Las Colinas Avenue, Los Angeles, CA 90041

$1,099,000 Asking Price

4 beds
3 baths
2,218  sqft
Built in 1922

Welcome to 2346 Las Colinas Avenue in the highly desirable Eagle Rock neighborhood! This versatile duplex, situated on a spacious 10,055-square-foot lot, presents an exceptional investment opportunity as well as an ideal setup for an owner-user. The front unit features three bedrooms and two bathrooms within 1,372 square feet of comfortable living space. With an open floor plan, generously sized rooms, and a convenient laundry room, this home is both functional and inviting. The large front yard, side yard, and two-car carport add to the appeal. Currently rented for $1,500 per month, it provides a steady income stream. The back unit offers one bedroom and one bathroom spanning 965 square feet, including a finished permitted basement. This unit has a private rear yard with a large patio, perfect for entertaining. It is currently rented for $1,100 per month, ensuring additional rental income. Additionally, the property includes a detached garage with an office/workshop behind it, which holds great potential for conversion into an ADU (Accessory Dwelling Unit) for even more income, subject to city approval (buyer to investigate). This property is perfect for investors looking to capitalize on rental income or for families seeking to live in one unit while renting out the other to subsidize their mortgage. Located in a sought-after neighborhood, it offers proximity to top-rated schools, shopping, and easy freeway access, making it an attractive choice for a wide range of buyers. Dont miss out on this exceptional opportunity to own a versatile property with significant potential

Features & Amenities

Interior

Laundry:
Washer Hookup
A/C:
Central Forced Air
Fireplace:
N/K

Exterior

Pool:
N/K
Parking:
Parking spaces: 1

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Los Angeles

Lot

Zoning:
LAR1, 5685028006
View:
Neighborhood,City Lights

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
COMPASS, Jinglin Yue

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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