2750 Ballard Street

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2750 Ballard Street

Los Angeles, California

$738,000

Overview

Residential
Property Type

5
Bedrooms

2
Bathrooms

3
Garages

1771
Sqft

111318
Property ID

Description

Both units are now ready and available. Discover a rare opportunity to own a multi-unit property in a sought after hillside community in El Sereno. Comprised of two detached single family homes, this property runs street to street and each residence has its own address and individual gas and electric meters. At $369,000 per unit, the offering provides savvy investors a unique opportunity to purchase a premium asset with projected upside in market rents and value-add potential. Built in 1924, 2750 Ballard is a charming 2 bed, 1 bath bungalow (approx 720 sf) with a spacious utility basement providing indoor laundry and plenty of storage. This unit has an attached one car garage, a front yard, and side yard garden. 2747 Budau is a light and inviting 2 bed, 1 bath home with views spanning 1,051 sf. Built in 1983, its thoughtful floor plan provides seamless flow from the kitchen to the formal dining room and open living room. Large windows in the living room showcase views of the city and rolling hills. A small patio, indoor laundry room and an attached two car garage finish the space. Convenient proximity to DTLA, Highland Park, USC Keck, Cal State LA, and Pasadena. Just a few blocks from the vibrant shops, eateries and public transportation on Eastern Ave and Huntington Dr, this location will always be in demand! Perfect for investors looking for a project and potential for significant returns. First time on the market in 50+ years, this is your chance to take the property to the next level. Big Fixer. Cash only. Sold-as-is.