Active

3256 Castle Heights Ave

Los Angeles CA, 90034

$1,850,000


$1,535.27 per sqft

Active

3 Beds

2 Baths

1,205 sqft

Residential

Built in 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!

24-466005

MLS ID

November 22, 2024

Listed

December 13, 2024

Updated

Map

3256 Castle Heights Ave
Los Angeles CA, 90034

Interior Features

Total Stories

1


Bedrooms

3


Total Bathrooms

2


Full Bathrooms

2


Appliances

Range/Oven


Laundry Description

None


Floor Description

Hardwood


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Wall/Window


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.16 Acres


Architectual Style

Traditional

Other Property Details

Area Name

Beverlywood Vicinity


Days on Market

21


Garage

Yes


Garage Spaces

2


Parking

Garage - 2 Car, Driveway - Concrete, Garage Is Detached


Parking Total

8


View

No


View Description

None


County

Los Angeles


Pool

No


Pool Features

None


Zoning

LAR1

Listed by Jacob Weinblut with The Agency
Listing Contact: 818-644-7533 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ruth Elia | CA DRE# 01904112 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 12/13/2024

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