3256 Castle Heights Ave, Los Angeles, CA | Cheviot Hills

  • $1,850,000
  • Multi Family
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Garage
  • 1205
  • Sq Ft.
  • 1948
  • Year Built
FOR_SALE
3256 Castle Heights Ave, Los Angeles, CA | Cheviot Hills
  • $1,850,000

Description

About This Property

Home for Sale in Cheviot Hills, CA
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!


Facts & Features

Interior

Heating

  • Heating features:

Cooling

  • Cooling features: Air Conditioning

Appliances

  • Laundry features: Laundry Room,


Property

Parking

  • Total spaces: 8
  • Parking features: Garage – 2 Car, Concrete,
  • Covered spaces: 2

Property

  • Levels: One
  • Stories: 1
  • Entry location:

Lot Features:


Utilities

  • Sewer information:
  • Water information:


Community & Neighborhood

Local Schools

  • Castle Heights Elementary School
    • Distance: 0.5
    • Rating: 8
    • Level: Elementary
    • Grades: K-5
    • Link: https://www.greatschools.org/california/los-angeles/1984-Castle-Heights-Elementary-School/
    • Type: Public
  • Palms Middle School
    • Distance: 1.1
    • Rating: 6
    • Level: Middle
    • Grades: 6-8
    • Link: https://www.greatschools.org/california/los-angeles/2311-Palms-Middle-School/
    • Type: Public
  • Alexander Hamilton Senior High School
    • Distance: 0.5
    • Rating: 7
    • Level: High
    • Grades: 9-12
    • Link: https://www.greatschools.org/california/los-angeles/2127-Alexander-Hamilton-Senior-High-School/
    • Type: Public
  • High School District:

 

Other financial information

  • Buyer agency compensation:

The Agency, Jacob Weinblut

 

© 2024 The MLS™ – Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ – Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Details

Property ID
24-469195
Bedrooms
3
Bathrooms
2
Property Size
1205 Sq Ft.
Land Area
7,034 sqft Sq Ft.
Garage
1
Year Built
1948
Updated on December 15, 2024 at 3:39 am

Address

  • Address 3256 Castle Heights Ave
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90034
  • Area Beverlywood
  • Country US

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