3256 Castle Heights Ave, Los Angeles, CA 90034

Property Description

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. **Property Highlights:** - **Location:** 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. - **Current Rental Income:** - **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. - **Property Features:** - **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. - **Exterior and Additional Features:** 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. - **Investment Appeal:** 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!