3501 N Figueroa Street, Los Angeles, CA 90065

• 4 beds
• 1,400 sqft

Property Description

Looking for a smart investment in one of Los Angeles' fastest growing neighborhoods like Highland Park, Mt. Washington, Echo Park, Glassell Park, Eagle Rock, El Sereno, the Arts District, or Elysian Park? Location is everything, and while homes can always be remodeled at any time, land is everything, and this duplex is positioned right in the heart of NOLA's creative energy and ongoing growth close to the 5, 101, 110, 710, 2 and 10 freeways. At $1.2M you are essentially buying each unit for $600,000, a rare opportunity in today's market. With interest rates trending downward, ownership pencils out to about $6,100 per month for principal and interest on a 30 year loan at 5.5% allowing you to live in one unit and rent the other or rent both and enjoy a solid 5% cap rate while building equity and taking advantage of tax benefits. This recently remodeled and completely vacant duplex sits on a chic 5,666 square foot corner lot just minutes from York and Figueroa, with approximately 1,400 square feet of living space that includes two bedrooms and one bath in each unit. Thoughtful updates include laminate wood floors, split systems for heat and air conditioning, private fenced yards, separate entrances, dedicated laundry for each home, and one unit even captures sweeping views of the Do

Listing Status:

Active

Date Added:

September 18, 2025 at 05:00AM

Listing Office:

Keller Williams Studio City : 818-432-1500

Listing Agent:

Eddie Arnez : 310-882-9185

MLS ID:

CL25594805

Interior

• Laundry: DryerWasherOther
• Heating: Forced AirCentral

Exterior

• Parking: GuestOther

Location

• County: Los Angeles

Lot

• Zoning: LARD5446003016

This listing courtesy of Eddie Arnez, Keller Williams Studio City