$1,150,000

Located in El Sereno at the border of Alhambra, South Pasadena, and a few minutes from Chinatown and Downtown LA. This property features two separate houses on a huge lot (~33,000 sq ft!). It is perfect as both a pure income opportunity, renting out both units, or as a primary residence for the owner renting out one unit and living in the other.Unit #1941 is ~2,300 sq. ft and has 5 bedrooms and 2 baths, plus extra storage space available in attics. This unit currently has tenants and is rented at $2,500.Unit #1943 is ~1,500 sq. ft and has 2 bedrooms 2 baths, plus a unique basement space with a separate entrance. Unit was remodeled in 2013 and is currently vacant, ready for move-in for owner or new tenants.Both units combined feature a total of 3,786 sq. ft of living space, in a convenient location to downtown LA, CalState LA University, and neighboring Alhambra and Pasadena neighborhoods. Don't miss this great investment opportunity. Please note that rental unit is subject to the city Rent Stabilization Ordinance of LA