Back to Listings
MLS:24-466005

3256 Castle Heights, Los Angeles, CA 90034

Priced at: $1,850,000
Bedrooms:
3
Bathrooms (Full):
2
Bathrooms (Half):
0
Living Area SqFt:
1,205 Sq Ft
Lot SqFt:
7,036 Sq Ft
Year Built:
1948
Exceptional Investment Opportunity in Beverlywood: Duplex with RTI for Expansion, Welcome to 3256 Castle Heights Ave, a prime investment property in the highly sought-after Beverlywood neighborhood of Los Angeles. This well-positioned duplex not only offers immediate rental income but also comes with Ready to Issue (RTI) plans for substantial future development of 4,000sf duplex, with a 3 car garage, with alley access. Situated in the vibrant Beverlywood area, this duplex provides easy access to shopping, dining, and major transit routes, offering the perfect blend of urban convenience and suburban tranquility. Unit 1: A spacious 2-bedroom, 1-bath unit currently renting for $3,000 per month. Unit 2: A charming 1-bedroom, 1-bath unit renting for $2,300 per month. **Development Potential:** - **RTI Plans:** The property comes with Ready to Issue (RTI) plans for the construction of two additional units: Unit 3: A generous 5-bedroom, 5-bath residence designed for luxury living with ample space and modern amenities. Unit 4: A well-designed 3-bedroom, 3-bath home offering comfort and style. This development opportunity allows for increased rental income and the potential for enhanced property value.Unit 1: Features an open living area, updated kitchen, and two comfortable bedrooms. Unit 2: Includes a cozy living space, functional kitchen, and a charming bedroom. The property boasts a well-maintained exterior with a landscaped front yard and ample off-street parking. The shared backyard offers additional space that can be developed further or enjoyed by current tenants. With existing rental income and RTI plans for two additional high-demand units, this property represents a significant opportunity for investors looking to capitalize on the Los Angeles real estate market. Don't miss the chance to own a property with immediate returns and exceptional growth potential. Contact us today to learn more about 3256 Castle Heights Ave and how it can be a strategic addition to your investment portfolio!

Fees

Features

Equipment/ Appliances:
  • Range/Oven
Parking:
  • Garage - 2 Car
  • Driveway - Concrete
  • Garage Is Detached
Share
FacebookTwitter
TruthSocialLinkedInPinterestwhatsapp

Property Inquiry

  • *By submitting this form with your telephone number you are consenting for any and all authorized representatives of William Pierce Luxury Real estate to contact you even if your name is on the Federal Do-Not-Call List
  • This field is for validation purposes and should be left unchanged.
MLS: 24-466005
3256 Castle Heights, Los Angeles, CA 90034
Price: $1,850,000
Listing courtesy of The Agency

Similar Properties at Los Angeles

Los Angeles, CA
5 Bed | 5 Bath
8376 Westlawn Ave, Los Angeles, CA 90045
$2,195,000
MLS: 24-402997
3 Bed | 2 Bath
4243 58th Pl, Los Angeles, CA 90043
$1,100,000
MLS: 24-361873
2 Bed | 1 Bath
5802 Bowcroft St #3, Los Angeles, CA 90016
$510,000
MLS: 24-401263

"Property information shown has been provided from various sources, which can include the seller and/or public records. It is believed reliable but not guaranteed and should not be relied upon without independent verification."

Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. All dimensions are estimates only and may not be exact measurements. Square Footages are approximate. Floor plans and development plans are subject to change. The sketches, renderings, graphic materials, plans, specifics, terms, conditions and statements are proposed only, and the developer, the management company, the owners and other affiliates reserve the right to modify, revise or withdraw any or all of same in their sole discretion and without prior notice. All pricing and availability is subject to change. The information is to be used as a point of reference and not a binding agreement.

Translate »