Last year, in March 2020, when all of our lives changed, open houses became forbidden in our new reality. All of a sudden, no more signs on street corners every weekend – gathering in houses for sale, no longer allowed. We went to a system of virtual showings, and carefully scheduled in person showings with CDC guidelines and no more than one family in a property at one time.
Now, more than 15 months later, Open Houses are back!
Of course we will still do them safely and ensure that social distancing is practiced, and CDC guidelines are in place.
So our first open house will be in the city of Los Angeles, near University of Southern California, at this property at 1011 W 20th Street, which is comprised of 2 houses on 1 lot!
The front house is a traditional home that now has 4 bedrooms and 2 full baths, a completely upgraded kitchen, central heat and air conditioning, inside laundry, newer flooring, and is currently being rented out month to month for an average of $1200 per room to various residents who are looking for a home-sharing situation.
The back house is a brand new construction Accessory Dwelling Unit, with high ceilings, central heat and air, recessed lighting, new flooring, new roof, new electrical, new plumbing, new everything, all done to current code with all its permits – this ADU is currently 2 large bedrooms, 2 full baths, but it can be partitioned into a 3 bedroom.
This property can be an excellent income property with the front house receiving $4800 a month in rents and the back house getting $2800 for a total of $7600/month.
Come tour this property this weekend on Saturday between 2 pm and 4 pm to have a look at both the front and back houses.
1011 W 20th Street, Los Angeles is being offered at $1,290,000.
Let us know if you have questions or would like a private showing at a different time.
Call our office at 562-472-1435.