$819,900
Beds: 5
Baths: 3
Sqft: 1,540
Sqft lot: 7,148
Acre lot: 0.16
14 Days On Market -

Property listed by NextHome Milestone, Mohamed Hassan 818-741-6969

Status: Active
Property Type: Triplex
Year Built: 1910
Days On Website: 14
**Attention Investors & Savvy owner-occupied buyers alike! Exceptional Investment Opportunity! VACANT!!! Spacious, permitted legal duplex—plus an additional third unit—is now available on a generous 7,146 sq. ft. lot. Zoned LACR2 With Ready to Issue (RTI) plans already in place for two additional Accessory Dwelling Units (ADUs) totaling additional 1,000 sq. ft.to be added 2 two bedrooms, this property is primed for growth. Alley access provides separate rear entry. The owner completed a full remodel of the entire property, including all new roof and all-new plumbing under the house. The kitchen features fresh white cabinets with quartz countertops, and both the interior and exterior have been freshly painted. Updated lighting fixtures, electrical panels, new shower fixtures, bathroom vanities enhance the property, along with new waterproof vinyl flooring and metal fencing. Current rental estimates are promising: the front unit could generate $2,500+, while the back 2-bedroom, 1-bath unit may yield around $4,000, along with an additional studio in the spacious backyard. This totals approximately $6,500 per month! Alternatively, you can live in the studio and rent the two larger units for a total of $5,000 monthly. Approved ADUs expected to add another $5,000+ monthly, this property represents a significant cash flow opportunity. *Key Features:* Separate water and gas meters for 2 unit, minimizing overhead costs. Two separate driveway entrances: a front driveway accommodating up to 2-4 vehicles and a rear driveway for 4. A large, fenced backyard ready for your vision. Conveniently located near freeways and major transportation including the Metro Blue Line. It's also across Washington Park, schools, vibrant Avalon Gardens and Hacienda Village neighborhoods. Being just outside Los Angeles city limits! means less restrictive regulations for development. Architectural and engineering plans included, most permits already paid. The buyer can easily transfer plans right before construction. Build now or later—the choice is yours! Don’t miss this incredible investment opportunity! Property functions effectively as a triplex, as the front units have been split to create two separate units. Enjoy a quiet street just a short walk from an arts academy, a large park with soccer field, basketball courts, pools, and the Washington Park Center. Don’t let this incredible investment slip away! Seize the chance to transform your future and create lasting legacy today!

Features

Bathrooms

  • 3 main level bathrooms
  • 3 full bathrooms
  • 3 total bathrooms

Bedrooms

  • 5 main level bedrooms
  • 5 total bedrooms

Building

  • Built in 1910
  • Levels: One
  • Living area: 1540
  • 1 story
  • Common walls: NoCommonWalls

Community

  • DogPark
  • Park

Cooling

  • None

Fireplaces

  • None

Heating

  • Electric

Interior Features

  • AllBedroomsDown

Laundry

  • WasherHookup
  • GasDryerHookup
  • LaundryCloset
  • Outside

Listing

  • ListingID: SR24212131
  • Standard status: Active
  • 1 day on market

Location

  • Country: US

Lot

  • 0.1641 acres
  • 7,148 square feet
  • Size: 7,148
  • StreetLevel

Parking

  • ControlledEntrance
  • Driveway

Pool

  • None

Possession

  • CloseOfEscrow

Property

  • Zoning: LCR2*
  • None

Sewer

  • PublicSewer

Utilities

  • ElectricityConnected
  • NaturalGasConnected
  • SewerConnected
  • WaterConnected

Property Map

Map View


$819,900 - 1639 E 90th Street, Los Angeles, CA 90002

Street View


Directions


1639 E 90th Street
Los Angeles, CA 90002
Country: US

Nearby Schools

Local Sales

Patrick Wood

Broker/Owner