2049 Purdue Avenue, Los Angeles, CA, 90025

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$1,188,000
4 Days On Site

2049 Purdue Avenue
Los Angeles, CA 90025

For Sale|Residential Income|Active
2
Beds
2
Total Baths
1,229
SqFt
$967
/SqFt
1913
Built
County:
Los Angeles
Listed by Eric Akutagawa of Compass eric.akutagawa@gmail.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
2049 Purdue Avenue2049 Purdue Avenue2049 Purdue Avenue2049 Purdue Avenue
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Offers will be reviewed after Monday, November 2 at 2:00PM. 2 homes for the price of 1! This original yet renovated duplex, on arguably Sawtelle Japantown's most ACTIVE avenue, is literally being swallowed up by NEW developments all around and is primed for opportunity on its oversized 7,782 square foot LAR2 lot (52.75'x147.5' per assessor). Featuring matching 1+1 floor plans, laminate and tile floors, redone kitchens and baths, individual laundry areas, as well as a shared detached 2-car garage (future ADU?), it's not surprising that the existing tenants love living here! One tenant is currently paying $1760/month and the other tenant is currently paying $1600/month & current expenses include gardening ~$1800/yr, insurance ~$1262.30/yr, LAHD registration fee ~$213.38/yr, and water ~$1800/yr. Explore for yourself the sale prices of other duplexes and single family homes on similar lot sizes and discover this unequivocal value. Although it's being sold "as-is" for land value only, creative end users might considering living in one unit while generating income from the other unit (check with LAHD regarding relocation), discerning investors will love the value add proposition by increasing rental revenue through strategic capital improvements and/or constructing additional units (check with LADBS/LAHD), and savvy developers should investigate the Citywide Housing Incentive Program for potential density bonuses, as well as checking with the city to determine the highest and best use of this exceptional parcel nestled between Brentwood, Santa Monica, Westwood, and Mar Vista. Subject to LAHD rent control, both units will be delivered with tenants in place (no vacancies) and seller cannot and will not deliver any vacant units or ask tenants to vacate or ask about cash for keys or carryback paper - no exceptions. Please DO NOT DISTURB tenants or walk property since it is under 24-hour video surveillance.

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Listing Snapshot
Price 
$1,188,000
Days On Site 
4 Days
Bedrooms 
2
Inside Area (SqFt) 
1,229 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1787 Acres
Year Built 
1913
MLS Number 
26997377
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS
4 days agoListing first seen on site
General Features
Acres 
0.1787
Direction Faces 
East
Disclosures 
RentControlSellerDisclosure
Garage 
Yes
Garage Spaces 
2
Levels 
One
Number Of Stories 
1
Parking 
DrivewayGarage
Parking Spaces 
2
Sewer 
Other
Special Circumstances 
Standard
SqFt Total 
1229
Style 
Bungalow
Zoning 
LAR2
Interior Features
Appliances 
Refrigerator
Fireplace Features 
None
Flooring 
LaminateTile
Heating 
Natural GasWall Furnace
Window Features 
Blinds
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Exterior Features
View 
None
Waterview 
None
Windows/Doors 
Blinds
Community Features
MLS Area 
WLA - West Los Angeles


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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