259 Park Ave – Gorgeous Duplex!

1680000

Investment Highlights

Executive Summary

Charming Spanish Style Duplex located in the Estate Section of Belmont Heights! First time on the market in 37 Years! This pride of ownership duplex sits on a large 6,334 square foot lot, and features two identical and spacious 3 Bed, 1.5 bath units, (approximately 1,400 SF each) and 4 single car garages, with additional surface parking behind the garages. Each unit features beautiful coved ceilings, large living room, dining room, 3 bedrooms, full bathroom with separate tub and shower, and half bath with toilet and sink off the kitchen. Lower unit recently remodeled with luxury vinyl plank flooring, new kitchen cabinets and quartz countertops, new stainless steel refrigerator, fresh paint job throughout and new fixtures. This property is truly unique with vintage charm and coveted architectural style. Furthermore, the 4 single car garages can easily be converted to a large ADU unit, potentially further increasing the rental income and property value. Double wide alley which is extremely rare for Belmont Heights/Belmont Shore. This is an amazing investment opportunity for any investor or owner occupant buyer. Just a short distance to award winning schools, shopping and dining in Belmont Shore, Alamitos Bay and the Beach. An amazing investment opportunity for the savvy investor or owner occupant!

Property
Information

1680000 List Price
2 Units
2802 Sq.Ft
6 Bedrooms
4 Full Bathrooms

Year Built:
1928
Property Type:
Investment, Residential, Duplex, Multifamily