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Active 1 days on market

506 E 62nd Street

Los Angeles, CA 90003

$700,000

506 E 62nd Street
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+17 more
Beds
Baths
Sq Ft
0.12Acres
1924Built

About This Home

Excellent opportunity to own two detached homes on one lot in the heart of Los Angeles. Offering approximately 1,966 square feet of living space on a 5,401 square foot lot, this versatile duplex is ideal for investors, multigenerational living, or buyers looking to live in one unit while renting out the other. The front home features 3 bedrooms and 2 bathrooms, while the rear unit offers 2 bedrooms and 1 bathroom. Both units have their own private parking areas, creating additional convenience and privacy for tenants or owner-occupants alike. The property also features a long driveway, a storage shed in the rear, and a newer roof installed approximately 2 years ago. Inside, you’ll find spacious layouts, updated bathrooms, laminate flooring, and plenty of potential to personalize or improve over time. Whether you are looking to expand your investment portfolio, generate rental income, or offset your mortgage with additional income, this property offers flexibility and long-term upside potential. Conveniently located less than 5 miles from SoFi Stadium with easy access to major freeways, shopping, dining, entertainment, and LAX, this property is positioned in an area with strong rental demand and excellent accessibility throughout Los Angeles. The property is zoned LAR2 and consists of two legal units, making it an attractive opportunity for both seasoned and first-time investors.

Property Details

Property TypeDuplex
Year Built1924
Lot Size0.12 acres
Garage Spaces0
Parking Total0
HeatingNone
CoolingNone
PoolNo
MLS #1171846995
Days on Market1 days

Location

Listed by

Krystopher Benyamein

Allstars Realty

MLS# DWBENKRY

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.