3318 Thelma Avenue, Los Angeles, CA 90032

$699,000

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List Price
$699,000
Status
ACTIVE
MLS#
WS26128629
Year Built
1950
Lot Size
4,806
Acres
0.11
Lot Location
2-5 Units/Acre
Days on Market
47
Property Type
Multifamily
Property Sub Type
Duplex
Stories
One Level

Property Description

3318 Thelma Ave is a well-maintained duplex in the El Sereno area of Los Angeles, offering two separate 2-bedroom, 1-bath units across 1,650 square feet. Both units are nearly equal in size, making this a balanced setup for an owner-occupant who wants rental income or an investor looking for a turnkey addition to their portfolio. The front unit comes with a fenced front yard, giving tenants private outdoor space and added curb appeal. The back unit has its own backyard, plus a small gated driveway that works well for additional parking or storage. Both units share a detached 2-car garage, which is accessed from the back street/alley. Both units are currently tenant-occupied and the property is in above-average condition throughout. This is a solid income-producing property in a centrally located neighborhood with easy access to Downtown LA, South Pasadena, and the 10 and 710 freeways. Floorplan is an approximation for visualization purposes and not exact.

Additional Information

Appliances
Dryer, Washer
Pool Description
None
Fireplace Description
Kitchen, Living Room
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$26,496
Operating Expense
8197

Listing courtesy of Listing Agent: HUAI-YUEH KANG (wesleykang@kw.com) from Listing Office: KW Executive.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.