7
1629 Mayo St
$525,000 Sale
Listed 14 hours ago
· 0
· 0
· 4
· 1671
Key Facts
Key facts for 1629 Mayo St
Property Type
Apartment, Unspecified
Parking
Unspecified , 4 parking
MLS #
F10527399
Size
1671 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$5,030 /yr
Days on Market
-
Year Built
1964
Maintenance Fee
-
Description
Most aggressively priced duplex in East Hollywood—just 2 blocks east of Federal Hwy and minutes from Downtown and the Beach. This is a true value-add opportunity for investors seeking a fix & flip or long-term hold. The duplex consists of a vacant Studio which has received updating, an owner-occupie...d 2/1 in original condition, and a 1/1 currently rented at $1,500/month on a flexible month-to-month basis with some updating. With unit updates, the property is poised for significant rent upside and appreciation in a rapidly improving neighborhood. Surrounding area benefits from strong rental demand, ongoing redevelopment, and favorable sales comps. Please review the offer memorandum for neighborhood trends, lease analysis and sales grids., Directions:
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Courtesy of: Media Realty

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