3132 Fairmount Street
3132 Fairmount Street
$599,000
—
1,824
1,824
$328
Active Under Contract
Description
Welcome to an exceptional investment opportunity in the vibrant community of Boyle Heights! This two-unit property boasts the perfect blend of comfort, convenience, and potential for savvy investors. Nestled within this sought-after neighborhood, the front house presents a welcoming porch and generous living spaces. With three bedrooms and one bath, it provides ample room for residents to spread out and relax. Entertain effortlessly in the spacious living room and dining area, while the convenient...Welcome to an exceptional investment opportunity in the vibrant community of Boyle Heights! This two-unit property boasts the perfect blend of comfort, convenience, and potential for savvy investors. Nestled within this sought-after neighborhood, the front house presents a welcoming porch and generous living spaces. With three bedrooms and one bath, it provides ample room for residents to spread out and relax. Entertain effortlessly in the spacious living room and dining area, while the convenient laundry area adds practicality to everyday living. The back unit offers a unique layout spread across two stories. Featuring two bedrooms and 1.5 baths, this unit provides comfort and privacy. The attached one-car garage with laundry hookups ensures convenience, while a separate yard off the kitchen area offers a tranquil retreat. Practicality meets versatility with a long driveway providing tandem parking, catering to the needs of multiple tenants. Currently occupied by long-term tenants, each paying $870 per month for a combined monthly income of $1,740. This property presents significant upside for value enhancement. Whether through minor updates or strategic renovations, there's ample opportunity to maximize returns and elevate its appeal. Seize the opportunity to diversify your investment portfolio and secure a foothold in this dynamic market. With its prime location, untapped potential, this property is primed to become a cornerstone of your investment strategy. Don't miss out on the chance to own a piece of Boyle Heights real estate!
- Listed by Hilda Hernandez • DRE #01218052 • Berkshire Hathaway HomeServices California Properties
- Listed by Lawrence Beck • DRE #01703996 • Berkshire Hathaway HomeServices California Properties
Property Details for 3132 Fairmount Street
Architectural Style
Traditional
Subdivision NameNot Applicable
Garage Spaces1.00
ViewNone
Location
LISTING UPDATED: 05/24/2024 11:16 AM
Property Details for 3132 Fairmount Street
Status | Active Under Contract |
---|---|
MLS # | P1-17454 |
Days on Market | 25 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Duplex |
Year Built | 1966 |
Lot Size | 0.12 AC / 5,201 SF |
County | Los Angeles County |
Location
Building Information for 3132 Fairmount Street
Stories2Residences-Year Built1966Building Size-Lot Size0.12 AC / 5,201 SF
Payment Calculator
$3,761 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3132 Fairmount Street
Property History for 3132 Fairmount Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3132 Fairmount Street
Taxable ValueLand$275,242Additions$187,630Total$462,872
Tax Record2023$5,900 ($492 / month)
Home Facts
Total Finished SqFt1,824 SqFtAbove Grade Finished SqFt1,824 SqFtLot Size5,201 SqFtStyleDuplexYear Built1966ZoningLAR2CountyLOS ANGELESAPN5178-005-009
Schools near 3132 Fairmount Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Malabar Street Elementary School PublicK to 6 | ||
Alliance College-Ready Middle Academy 8 Charter6 to 8 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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