3358 Bagley Avenue

Sweet south Beverlywood triplex consisting of a vintage two bedroom one bath Spanish style single family home and a newer 1996 built, two story duplex. This is no run of the mill triplex, this is a secured gated compound with a private separate house that could be good for an owner user. The SFR is under L.A. RSO. The Duplex is not under L.A. RSO and may be under AB 1482 and rents can be raised up to 10% per year (buyer to verify). This property is on a large 7,533 square foot corner lot and it is completely gated for privacy. The front SFR has a covered 2-car covered carport with an automatic gate for access. The rear duplex has a 2-car covered carport plus one uncovered spot with an automatic gate for access. Five total parking spots. There is a fence and mature landscaping separating the SFR from the duplex for privacy. The SFR has a decent sized grassy backyard plus patio space for entertaining. Public records show the SFR at 984 square feet and the duplex at 1,720 square feet. The lot is zoned R3 with a Tier 3 TOC rating on Zimas so property may be a potential multifamily development opportunity for the right builder. No low income tenants. The front SFR has hardwood floors, a laundry room, and a mini split AC unit. The rear duplex has central air and heat and a separate shared laundry room. Rents are approximately 42% under market rent, plenty of room for future rent increase with tenant turnover. Tenants are all month to month and all are current on their rents. Property delivered with current tenants. Separately metered, tenants pay ALL utilities, electric, gas, and water/sewer bill. Property is centrally located just minutes from Century City, Beverly Hills, Santa Monica, and Venice Beach. Perfect for a 1031 exchange or owner users who are looking for a home with income. Seller cashing out, no 1031 exchange requirements. Note: The SFR address is 3358 Bagley Ave and the duplex addresses are 9331 and 9333 Harlow Ave. Please call agent for more information.