$625,000
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1513 Hendricks Ave Los Angeles, CA 90022
4 Beds
2 Baths
1,464 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,464 sqft
Price per Sqft $409
MLS Listing ID 25554643
Bedrooms 4
Year Built 1956
Lot Size 5,597 Sqft
Property Sub-Type Multi-Family
Property Description
We are pleased to present 1513 Hendricks Avenue, a well-located and attractively priced duplex in the heart of East Los Angeles. Both units are currently occupied, offering immediate rental income with substantial value-add potential. Built in 1956, this charming single-story duplex totals approximately 1,464 rentable square feet and sits on a generous 5,597 SF corner lot. Each unit features a two-bedroom, one-bathroom layout, providing a desirable floor plan for renters or owner-occupants. The property also includes a 2-car attached garage, ideal for a potential ADU conversion along with two additional driveway parking spaces. With over 160% upside in rents, this asset presents a compelling opportunity for investors to significantly boost cash flow or for buyers to live in one unit while offsetting mortgage costs with income from the second. Strategically positioned near the 5 Freeway and offering seamless connectivity to Downtown Los Angeles, the710, 60, and 10 Freeways, and nearby neighborhoods such as Boyle Heights, Montebello, and City Terrace, the location supports strong tenant demand. The property also benefits from close proximity to the thriving industrial hubs of Vernon and Commerce, two of Southern California's premier employment centers. Tenants will enjoy walkable access to popular local amenities including Steven's Steak & Seafood House, Il Saggio Italian Restaurant, Starbucks, Tamayo Restaurant & Art Gallery, and the iconic Whittier Boulevard a cultural and commercial cornerstone of East Los Angeles known for its vibrant mix of dining, retail, and entertainment. Whether you're an investor seeking high yield or an owner-user looking to build equity while enjoying East LA's dynamic lifestyle, 1513 Hendricks Avenue is an exceptional opportunity not to be missed. Contact the listing broker for additional details.
Location
State CA
County Los Angeles
Area East La
Zoning LCR3YY
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features Garage Is Attached, Garage - 2 Car, Driveway
Garage Spaces 4.0
Building
Lot Description Single Lot
Story 2
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with IET Real Estate
