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Property Description

INSTANT EQUITY OPPORTUNITY: Multi-Unit Investment Property with Built-In Equity PRICED TO SELL | Recently Appraised at $1,645,000.This rare multi-income property presents an exceptional opportunity for investors and multi-generational families seeking immediate equity and multiple revenue streams. INVESTMENT OVERVIEW:The property offers extraordinary income flexibility with its current two-unit configuration & significant future development potential. Owner-occupy the main residence while generating rental income from the permitted attached unit, convert to student housing for Occidental College's consistent rental market, or lease all units separately to maximize returns. The large detached two-car garage presents outstanding opportunities for ADU and JADU conversion subject to city approvals allowing you to add income-generating units that will dramatically boost your ROI. THE MAIN RESIDENCE:Three-bedroom, two-bathroom residence with classic LA architectural character awaiting remodel. Spacious formal living & dining rooms flow into the kitchen with adjacent breakfast area. Three bedrooms, two full baths, and laundry room. This property needs cosmetic work and modernization, creating an excellent value-add opportunity to force appreciation through strategic improvements. PERMITTED ATTACHED CASITA: flexible dual-access design. The ground floor offers a versatile bonus room with private entrance, perfect as a fifth bedroom, office, or Living room with kitchenette. Upstairs is a one-bedroom suite with full bath. This unit connects to the main home via interior door while mai

Overview

Property Status
Sold
Lot Size
7,422.62 Sq.Ft.
MLS ID
OC25184393
Property Type
Residential
Year Built
1927

Features & Amenities

Total Area
2,282 Sq.Ft.
Architecture Styles
Mediterranean/Spanish
View Description
N/K
Stories
1
Garage Spaces
2.0
Water Source
Public
Utilites
Electricity Connected, Natural Gas Connected, Sewer Connected
Pool
N/K
Roof
Tile/Clay
Parking
Garage, Garage - Single Door
Heat Type
Wall/Gravity
Air Conditioning
N/K
Laundry Room
Gas, Electric Dryer HU
Fireplace
FP in Living Room
Sewer
Public Sewer
Disability Features
2 Access Exits
Sales Price
$1,220,000
Zoning
LAR1

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1607 Campus Road

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for your interest in 1607 Campus Road, Los Angeles, CA 90041

1607 Campus Road
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