314 - 316 W 65th Street, Los Angeles, CA 90003
- $975,000
- Sold Price
- $975,000
- List Price
- $1,050,000
- Closing Date
- Apr 08, 2026
- Status
- CLOSED
- MLS#
- PW25281429
- Year Built
- 2014
- Lot Size
- 5,132
- Acres
- 0.12
- Lot Location
- Rectangular Lot
- Days on Market
- 34
- Property Type
- Multifamily
- Property Sub Type
- Duplex
- Stories
- Two Levels
Property Description
Ocean Development duplex - all new construction in 2014. One unit includes 5 bedrooms and 3 baths leased at $3,802 per month. The second unit includes 4 bedrooms and 2 baths and leased at $3,775 per month. This duplex is thoughtfully designed with one unit in front and the second unit in back - No one above or below either unit. Design features include central heating systems, dual pane vinyl frame windows, solid wood cabinets, and granite counter tops. Private interior laundry room in each unit conveniently on the second level. Property includes a 2 car garage. We feel this is the best investment property opportunity when combining price, design, year built, quality of construction, location, features, and return on investment. Actual annual gross rental income: $90,996. Estimated 5.2% Cap Rate.
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Additional Information
- Appliances
- Free-Standing Range, Gas Range, Water Heater
- Pool Description
- None
- Heat
- Central
- Cooling Description
- None
- View
- None
- Exterior Construction
- Stucco
- Roof
- Composition
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Bedroom on Main Level
- Attached Structure
- Attached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $90,996
- Operating Expense
- 34980
Listing courtesy of Listing Agent: Cary Hairabedian (cary@cary4homes.com) from Listing Office: College Park Realty.
Listing sold by Cary Hairabedian from College Park Realty
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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.