1020 S Holt Ave, Los Angeles, Los Angeles County, CA, 90035 Los Angeles CA US

Fantastic Investment! Located in the Pico Robertson area, this existing duplex is a phenomenal investment opportunity. The Pico-Robinson area boasts a prestigious location, strong employment drivers, local amenities, and it's position near the center of Los Angeles make the area attractive to renters! This duplex sits on a lot size of 6,045 Sqft. It currently collects a monthly rent amount of $5,156, with a projected amount of $8,000 a month. Both units are 2 bed/2 baths with a total building size of 2,954 Sqft. The property is zoned for R3, has Tier 3 TOC, and already has plans submitted for a development project. This project consists of a 12 unit, 4 story apartment complex with subterranean parking for 10 of the 12 units. 7 units are 2 bed/1 bath, 5 units are 1 bed/1 bath, and 2 are assigned to low income housing on ground level. Find out more about this property. Request details here