1031 N Fickett Street, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath

1031 N Fickett Street, Los Angeles, California 90033 home-pic-0
ACTIVE$687,000
1031 N Fickett Street, Los Angeles, California 90033
0Bed
0Bath
1,248Sqft
3,682Lot
Year Built
1913
Close
-
List price
$687K
Original List price
$678K
Price/Sqft
$550
HOA
-
Days on market
-
Sold On
-
MLS number
MB25150638
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $687.0K(40th), sqft - 1248(13th), beds - undefined(50th), baths - undefined(50th).

Charming Boyle Heights Duplex in a Prime Location! This property offers two well-appointed 1-bedroom, 1-bathroom units. Each unit boasts granite countertops, abundant storage, and a breakfast bar that complements the bright and open floor plan. Other highlights include laminate flooring, in-unit laundry hookups, and a spacious bedroom with a walk-in closet. With separate electric and gas meters for each unit, plus private front and backyard spaces, this property is perfect for first-time home buyers looking to offset their mortgage with rental income or for savvy investors seeking a solid buy-and-hold opportunity. Conveniently located less than 1 mile from USC Medical Center, 7 minutes from Cal State LA, and just 15 minutes from Downtown LA, this duplex sits in the heart of the lively Boyle Heights and East LA area.

Price History

Date
Event
Price
07/25/22
Sold
$620,500
02/04/09
Sold
$140,000
10/17/05
Sold
$405,000
04/04/05
Sold
$334,772
03/30/04
Sold
$220,000
05/23/03
Sold
$155,000
Condition Rating
Good

Despite being built in 1913, this duplex has undergone extensive and recent renovations, making it move-in ready. The kitchens feature granite countertops, modern white cabinetry, and functional black appliances. Bathrooms are updated with contemporary vanities and clean tub/shower combos. New laminate flooring and fresh paint are visible throughout the units. While the property lacks central HVAC, it is equipped with functional wall-mounted AC units and heaters. The overall aesthetic is clean, modern, and well-maintained, aligning with the 'Good' score criteria for a property extensively renovated within the last 5-15 years, with no immediate renovation required.
Pros & Cons

Pros

Income Potential: As a duplex with two 1-bedroom, 1-bathroom units and separate utility meters, this property offers excellent potential for rental income, appealing to both first-time homebuyers looking to offset their mortgage and savvy investors.
Prime Location: Strategically located in Boyle Heights, the property offers convenient access to major institutions like USC Medical Center (less than 1 mile), Cal State LA (7 minutes), and Downtown LA (15 minutes), enhancing its desirability for tenants and owners.
Unit Upgrades & Features: Each unit is well-appointed with modern features including granite countertops, abundant storage, a breakfast bar, laminate flooring, in-unit laundry hookups, and a spacious bedroom with a walk-in closet.
Private Outdoor Spaces: The provision of private front and backyard spaces for each unit adds significant value, offering residents personal outdoor areas which are highly sought after in urban environments.
Separate Utilities: Separate electric and gas meters for each unit simplify tenant billing and management, reducing landlord responsibilities for utility costs and promoting energy conservation among residents.

Cons

Age of Property: Built in 1913, the property is over a century old, which may imply potential for outdated infrastructure (plumbing, electrical) and higher maintenance costs compared to newer constructions.
Compact Unit Size: Each unit is a 1-bedroom, 1-bathroom, and with a total of 1248 sqft for both, individual units are relatively small, potentially limiting the tenant pool to singles or couples.
Unspecified HVAC System: The description does not mention the presence of central air conditioning or specific heating systems, which could be a significant comfort factor and potential upgrade cost for tenants and owners in the Los Angeles climate.

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