13231325 W 58th St Los Angeles, CA 90037

Welcome to 1323-1325 West 58th Street, a duplex built in 2005 located in the vibrant and growing neighborhood of Vermont-Slauson, bordering Manchester Square in South Los Angeles. This property offers a real estate opportunity for both owner-occupants and/or savvy investors looking to capitalize on the area's rising real estate market. The duplex has recently had several updates/upgrades, including new water heaters for each unit, security gates, new flooring, smoke detectors, as well as bathroom fixtures, and other updates in each unit ensuring low maintenance costs and enhanced durability. The property includes a long driveway leading to a usable back lot that can easily fit 4-6 cars. Located central to all the conveniences of LA Life and easy access to popular amenities, residents will appreciate the close proximity to a variety of stores, making daily errands effortless. Sports enthusiasts will enjoy being near renowned stadiums, with the LA Coliseum just an 8-minute drive away and SOFI Stadium a mere 15-minute drive, perfect for catching exciting games and events. City of Los Angeles has development initiatives underway to build out "the Slauson Corridor Transit Neighborhood Plan (TNP)" including plans for green jobs, affordable housing opportunities, bicycle and pedestrian path and more. A copy of these plans and Listing Offering Memorandum (including introduction of the area, operating expenses, and other financial information) are available as supplements. Both units are currently occupied with long term tenants (month to month lease) and the seller is open to delivering one unit vacant with the right offer! This property qualifies for a $50,000 grant through the City National Bank Ladder Up Mortgage Program! Call for more information.