:: SOLD ::

Chinatown :: Duplex

534 Casanova | Los Angeles | 90012

 

1208 SqFt

2 Beds

2 Baths

 

:: SOLD | $830,000 ::

Asking Price - $830,000

Adorable duplex for sale in the heart of Solano Canyon, a short distance to Chinatown, Dodgers Stadium and in a blue ribbon school district. Sitting on a large lot with views of downtown, this charming c.1909 duplex is in great condition, with one unit delivered vacant and completely remodeled. Multi-level garden areas greet you as you pass two coveted parking spots and walk through a secure wooden fence into the front yard. Each unit has a washer/dryer hookup, separate water heaters, a mudroom, a large kitchen, living room, bedroom and full bathroom, as well as an expansive deck with views to downtown and Elysian Park. The property also features a large backyard with alley access, and 400 square feet of basement storage beneath each unit, with separate access. A great property to live in one, and rent the other to subsidize the mortgage with easy access to all the Eastside has to offer! In addition, the property has been approved for a small lot subdivision, with 3 exquisite townhomes designed by the renowned architect Richard Corsini. Total rent between the vacant ($3000 market rate) and the occupied unit ($1600) totals $55,000 a year in rental income. So many opportunities with this amazing piece of property!

Development Opportunity

  • Sale comes with plan and design from renowned architect - Corsini

  • Opportunity to develop small lot development of 3 townhomes

  • Plans approved with minimal conditions

Unit Mix

  • 2 Units

  • 1 Bedroom/1 Bathroom Each

  • Floorplan Mirror eachother

  • + Large Storage Space beneath each Unit

  • + Laundry Hookups in each Unit

    • One Unit to be delivered vacant

    • Other Unit - $1600/mo income