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bedrooms
bedrooms
3
bathrooms
bathrooms
2
square feet
square feet
1,205
acreage
Acreage
0.1615
open houses
Open Houses
-
year built
year built
1948
full baths
Full Baths
2
half baths
Half Baths
0
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:** - **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!
Location
Subdivision -
County Los Angeles
Elementary School -
Middle School -
High School -
open houses Open houses
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MLS number: 24-466005
Listing agent: Jacob Weinblut
Listing broker: The Agency (424) 230-3700
Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, January 1 2025 at 3:05 a.m. EST
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