3256 Castle Heights Avenue, Los Angeles, CA 90034 - Berkshire Hathaway HomeServices California Properties

3256 Castle Heights Avenue, Los Angeles, CA 90034

$1,825,000 Approx. USD 3 beds, 2 baths
1,205 sqft

Listing Agent


Jacob Weinblut | jacob.weinblut@theagencyre.com
Lic#: 02090454
Broker: Courtesy of The Agency

Agent Remarks

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!

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# 25484491
Price: $1,825,000
Beds: 3
Baths: 2 (2 full)
None fireplaces
Built in 1948
1,205 sqft
1 story
0.16 acres
Lot size: 0.1615
County: Los Angeles
Property style: Traditional
Zoning: LAR1
Appliances: Refrigerator
Parking description: Door-Multi,Driveway,Garage
Heating description: Electric
MLS area: C09 - Beverlywood Vicinity
Furnished: Unfurnished

Last Updated: 1/24/2025

 Days On Market (DOM): 64

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This listing belongs to the C09 - Beverlywood Vicinity MLS area

The style of this listing is Traditional.
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Lat/Long: 34.031875, -118.399267.
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Source: CRM. Also Available in 25484523,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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