Here's your rare chance to own or flip a completely renovated historic home. Beautifully upgraded with no expenses spared. Boasting 4,346 sqft with 7 Bed / 6 Bath, this 3-story Victorian house sits on a quiet street of the "United Neighborhoods of the Historic Arlington Heights". The exterior has been fully refurbished while retaining the classic look. Dual powered gates in the driveway will lead you to the detached 2 car garage for added security. Step inside the giant wooden door, you'll indulge yourself in modern high-end appliances, lighting, heated flooring, upgraded patio, and much more. Oversized pantries, cabinets, and basement storage spaces are a few of the many bonuses you'll find throughout the house. The whole house is filled with insulation and sound absorbing materials for maximum comfort. You will barely hear anything between the floors and walls. Plumbing and electric have all been refreshed with modern technology. (includes a new 400-amp panel) This is a Mills Act property which reduces the property taxes dramatically. There are plenty of parking spaces available on the Street, front yard, driveway, garage, and the back yard.Centrally located in the heart of Los Angeles, the property has easy access to USC (10 minutes), downtown LA (15 minutes), Beverly Hills (15 minutes), etc. Close to the 10 freeway but far enough to avoid the noise. There is an existing permit to build a brand new 2-story ADU in the spacious backyard. The 3rd floor has also been thoroughly renovated and has everything needed for a separate apartment space. These include a separate entrance with staircase, brand-new kitchen with appliances, Split-unit AC/heater, and bathrooms. Rent out the 3rd floor and the ADU to USC students for extra income or build the ADU and flip for profit. The third floor and the ADU have been approved with their own house numbers for your convenience. Don't miss out on this great opportunity to own a piece of history!
**INCOME PRODUCING PROPERTY** This newly renovated property boasts a fully permitted ADU and multiple bedrooms in each living space to maximize rental income. Even the finest details were not passed up on to make this property virtually brand new. The sleek colors and design makes this home rentable to a full spectrum of tenants. As you approach the property you will notice the designer wood entry gate to keep the driveway private. As you enter the main home laminate flooring throughout brings you to the kitchen with full stainless steel appliances. The accented barn door keeps a great separation through the home. 4 bedrooms downstairs and the upstairs bedroom and bath is like a 2nd master bedroom suite. Concrete throughout the exterior makes for a low maintenance yard and offers plenty of parking. The main house addressed at 1731 S New England St is so roomy it has 5 bedrooms and 3 bath and spans 2,198 sq ft of living space.The ADU has a complete Certificate of Occupancy and is addressed at 1733 S New England St and is 498 sqft with 2 bedrooms and 1 bath. Separate electric and gas meters. Shared water. Both units have their own interior laundry area.Please do not disturb tenants. Offers will be contingent upon interior inspection. Dont miss your chance to own a strong revenue generating property in the heart of Los Angeles.See private remarks for rental history and current rent amounts.
Discover your dream home in the heart of Los Angeles, just steps away from the vibrant Korea Town neighborhood. This rare gem is a charming 3-bedroom, 2-bathroom bungalow with "good bones" and great character.Nestled in a fantastic location, this residence boasts a desirable address and easy access to many cultural, dining, and entertainment experiences. The well-maintained property exudes potential, making it an ideal canvas for your personal touch and style.
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