$1,150,000
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3309 Falcon AVE Signal Hill, CA 90755
5,745 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Signal Hill (Sh)
MLS Listing ID SB24105059
Year Built 1920
Lot Size 5,745 Sqft
Property Description
Opportunity knocks with this rare duplex, featuring TWO separate houses on a single lot with exciting potential for additional upside opportunities. With both units already having extra rooms and space, the possibilities are endless for someone seeking to maximize this amazing property to its highest and best use.
The front unit is a charming 1920's Craftsman with original hardwood floors and a lovely front porch overlooking the picturesque tree-lined street. A new roof was installed on the front unit in 2021. The home is pleasantly larger than the average two-bedroom, full bath, house. Stepping inside, there's a spacious living room and dining area with a built-in bookcase, ceiling fan, and an infusion of natural light from the plethora of windows. For future buyers delight there is also another dining room with a wall of windows and a door leading to a side patio. Past the kitchen, there’s even more space with a large bonus/laundry/utility room and a door that leads to the backyard.
The rear unit, built in the early 2000s, has 2 bedrooms and 1 ¾ baths. This units has a lovely layout and boasts a larger primary bedroom, featuring plantation shutters. The rear unit is located above two double car garages. Additionally, downstairs, there are smaller bonus rooms consisting of a storage area beyond the garages, a laundry room, as well as an owner’s storage unit area. Please see the floor plan in the photos for more details.
This terrific property is perfect for investors or homeowners who are looking for something that is already generating income while potentially taking advantage of the tremendous revenue generating upside. Future homeowners could also live in one unit with the other already rented! It has the benefits of being in Signal Hill and is just a block from the historic California Heights Neighborhood. With easy access to the freeways, Bixby Knolls, Costco, Home Depot, Target, and a ton of restaurants nearby, the location could not be better. Come on by, take a look, see if this is the place you’ve been looking for.
Location
State CA
County Los Angeles
Area 8 - Signal Hill
Zoning SHR2*
Interior
Heating Natural Gas, Wall Furnace
Cooling None
Fireplaces Type None
Laundry Laundry Room
Exterior
Parking Features Door-Multi, Garage, No Driveway, Off Street
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Asphalt
Building
Lot Description 0-1 Unit/Acre, Back Yard, Front Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Bought with Kate Olivas • First Team Real Estate