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$749,000

Beds
7
Baths
5.0
sq ft
2,660

10352 Anzac Ave, Los Angeles, CA 90002

10352 Anzac Ave

Los Angeles, CA 90002

  • 11 days on market
Discover an exceptional investment opportunity in Watts, Los Angeles. This property features a spacious six-bedroom, four-bathroom main home, currently utilized as a non-conforming duplex, alongside a newly constructed, legally permitted Accessory Dwelling Unit (ADU) providing flexible rental options. The property is in good condition, with minimal deferred maintenance required. The main home offers significant rental income potential, while the ADU is delivered vacant and in pristine condition, ready for immediate occupancy. Situated near the 105 and 110 freeways, with convenient access to local amenities, including the Watts Towers Arts Center, Ted Watkins Memorial Park, and various shopping and dining options. The property is approximately 15 minutes from Los Angeles International Airport (LAX). This property is ideal for investors seeking a high cash-flow asset with the potential for value appreciation. Current rents are below market value, presenting an immediate opportunity to increase cash flow. Additionally, it offers possibilities for owner-occupiers looking to reside in one unit while generating rental income from the others.

Details

Property type

Single Family Residence

Est. home value

$610,700

Lot size

3,251 sq ft

Price per sq ft

$282

Year built

2006

HOA

No

Price History

02/12/2025
CRMLS

CRMLS #SB25028945

Listed
$749,000
+130.46%
09/16/2016
CRMLS

CRMLS #CV16111686

Sold
$325,000

Schools & Community

Neighborhood: 

Watts

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pentagon Fcu

Loan start date

March 2022

Original loan amount

$75,000

Est. remaining balance

Not provided

Interest rate

2.6%

Loan type

Credit Line (Revolving), 30 year

Seller

Juan J Ayala

Lender

Quicken Loans Llc

Loan start date

December 2020

Original loan amount

$387,750

Est. remaining balance

$351,336

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Juan J Ayala

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 2:55 PM

Listing updated: 02/13/2025 at 9:14 AM

Listed by: Venus Martinez, Redfin Corporation Phone #: (310) 409-2885

MLS: CRMLS #SB25028945

CRMLS logo

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