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Johnny Fitzmaurice

johnny@elitesandiegorealtors.com +1(858) 213-3866

$ 1,079,000

Est. payment | -/mo

5 Beds

3 Baths

2,450 SqFt

Save Virtual Tour

$ 1,079,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

3 Baths

2,450 SqFt

Open House

Sat Oct 24, 12:00pm - 3:00pm

Sun Oct 25, 12:00pm - 2:00pm

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 2,450 sqft

Price per Sqft $440

MLS Listing ID SR26219325

Bedrooms 5

Full Baths 3

Year Built 1923

Lot Size 5,449 Sqft

Property Sub-Type All Other Attached

Property Description

TURNKEY 2026 REMODELED DUPLEX + NEW ADU | FULLY VACANT | INVESTMENT OPPORTUNITY! Offered at $1,079,000! Discover this extensively remodeled duplex with a newly built ADU, offering three separate living spaces and exciting rental-income potential. The property features two front units, each with 2 bedrooms and 1 bathroom, plus a separate rear 1-bedroom, 1-bathroom ADU completed in 2026. REMODELED FROM TOP TO BOTTOM IN 2026! Improvements include a new roof, remodeled kitchens and bathrooms, new appliances, electrical improvements, updated walls and finishes, and central A/C in all three units. No one has lived in the property since the renovation. Major improvements are complete, allowing the next owner to focus on leasing rather than undertaking a major renovation. PROJECTED RENTAL INCOME: Front 2BD/1BA: $3,500/month Front 2BD/1BA: $3,500/month Rear 1BD/1BA ADU: $2,200/month TOTAL PROJECTED GROSS RENT: $9,200/MONTH | $110,400/YEAR. At the asking price, this represents approximately a 10.2% gross rental yield before operating expenses, vacancy, financing, taxes, insurance, and other costs. LIVE IN ONE, RENT THE OTHER TWO! Owner-occupants can live in one front unit while renting the other unit and ADU. Investors can lease all three spaces to establish multiple income streams from one property. Delivered fully vacant, the property offers flexibility to establish new leases and a rental strategy. THINK LONG-TERM: Investors may benefit from rental income, potential rent growth, and future appreciation. An illustrative future value of $1.5 million would represent approximately

Location

State CA

County Los Angeles

Direction Western & 39th

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N Yes

Building

Story 1

Sewer Public Sewer

Level or Stories 1

Others

Senior Community No

Tax ID 5035023021

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://kb-media-1.aryeo.com/sites/qagnwxe/unbranded

Listed by Ashley Ward, DRE#01928978 Real Brokerage Technologies Inc
Co-listed byNON LISTED OFFICE

Nearby Locations

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Johnny Fitzmaurice

johnny@elitesandiegorealtors.com

+1(858) 213-3866

13852 Wayland Grove Ct Poway, CA, 92064

1745 W 39th Los Angeles, CA 90062

Johnny Fitzmaurice

Open House

Key Details

Location

Interior

Exterior

Building

Others

1745 W 39th