$1,999,999
Beds: 3
Baths: 2
Sqft: 1,205
Sqft lot: 7,034
Acre lot: 0.16
11 Days On Market -

Property listed by The Agency, Jacob Weinblut

Status: Active
Property Type: Single Family Residence
Year Built: 1948
Days On Website: 11
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!

Features

Appliances & Equipment

  • Refrigerator

Bathrooms

  • 2 full bathrooms
  • 2 total bathrooms

Bedrooms

  • 3 total bedrooms

Building

  • Built in 1948
  • Building area total: 1,205
  • Levels: One
  • Living area: 1205
  • 1 story
  • Architectural style: Traditional

Fireplaces

  • None

Floors

  • Wood

Garage

  • 2 spaces

Heating

  • Electric

Laundry

  • None

Listing

  • ListingID: 24454523
  • Standard status: Active
  • 8 days on market

Lot

  • 0.1615 acres
  • 7,036 square feet
  • Size: 7,036

Parking

  • 6 open parking spaces
  • 8 totals parking
  • DoorMulti
  • Driveway
  • Garage

Pool

  • None

Property

  • Zoning: LAR1
  • None

Spa

  • None

Property Map

Map View


$1,999,999 - 3256 Castle Heights Avenue, Los Angeles, CA 90034

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3256 Castle Heights Avenue
Los Angeles, CA 90034

Nearby Schools

Local Sales

Patrick Wood

Broker/Owner