3256 Castle Heights Avenue
$1,850,000
3
2
1,205
1,205
$1,535
Description
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...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: This is a special delimiter sentence. This is a special delimiter sentence - 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!
- Listed by Jacob Weinblut • DRE #02090454 • Brokerage DRE #01738973 • The Agency
Property Details for 3256 Castle Heights Avenue
Zoning
LAR1
Parcel Number4311007017
Total Units2.0
Living Area1205
Source Living AreaVendor Enhanced
AreaBeverlywood Vicinity (C09)
Vacancy Rate0
Lot Size Area7036
LISTING UPDATED: 12/21/2024 12:01 AM
Property Details for 3256 Castle Heights Avenue
Status | Active |
---|---|
MLS # | 24-469195 |
Days on Market | 8 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1948 |
Lot Size | 0.16 AC / 7,036 SF |
County | Los Angeles County |
Building Information for 3256 Castle Heights Avenue
Stories1Residences-Year Built1948Building Size-Lot Size0.16 AC / 7,036 SF
Property Information for 3256 Castle Heights Avenue
Property History for 3256 Castle Heights Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3256 Castle Heights Avenue
Taxable ValueLand$1,040,400Additions$572,220Total$1,612,620
Tax Record2024$19,677 ($1,640 / month)
Home Facts
Total Finished SqFt1,205 SqFtAbove Grade Finished SqFt1,205 SqFtLot Size7,034 SqFtStyleDuplexYear Built1948ZoningLAR1CountyLOS ANGELESAPN4311-007-017
Schools near 3256 Castle Heights Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Castle Heights Elementary School PublicK to 5 | ||
Palms Middle School Public6 to 8 | ||
Alexander Hamilton Senior High School Public9 to 12 | ||
Cheviot Hills Continuation School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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