301 N McDonnell Ave

Los Angeles, CA 90022
  • $629,000

    Price
  • 3

    Bed
  • 2

    Bath
  • 1,505

    SqFt

About the Listing X82410 - C128038,MRM-SBCOOKVIN

We are pleased to present 301 N McDonnell Ave, a fully occupied 2-unit property in East Los Angeles offering an attractive combination of rental upside, abundant parking, and future development potential. THE PROPERTY WILL BE SOLD WITH ALL TENANTS IN PLACE. The proper ty consists of two detached, single-story residences totaling approximately 1,505 square feet of rentable living area, situated on a substantial 7,011-square-foot corner lot zoned LCR2. The unit mix includes one 2-bedroom/1-bathroom unit and one 1-bedroom/1-bathroom unit, both currently occupied. A detached 2-car garage, along with approximately 5 additional uncovered tandem parking spaces, provides an exceptional amount of parking for the property. Current rents of fer significant upside, providing an investor with an opportunity to increase cash flow through future rental adjustments and strategic repositioning. Residents benefit from convenient access to a variety of retail, dining, and neighborhood amenities, including Steven's Steak & Seafood House, Ruby's Diner, Starbucks, Il Saggio Italian Restaurant, Tamayo Restaurant & Art Gallery, Mi Pueblo Salvadoran Restaurant, Birrieria Gonzalez, El Gallo Giro, and Tacos Baja. The property is also located near Whittier Boulevard, the primary commercial corridor serving East Los Angeles and a longstanding destination for shopping, dining, services, and local culture. With its sizable corner lot, two detached residences, abundant parking, and substantial rental upside, 301 N McDonnell Ave presents an attractive opportunity for investors seeking a well-located East Los Angeles duplex with immediate income-growth potential and long-term optionality. Contact the listing broker for additional information.

Listing Highlights

Status Active
Days on Site 4
Property Type Multi-Family
MLS ® 26989351
Year Built 1930
Total Square Footage 1,505
Lot/Acreage 0.16
County Los Angeles

Interior Details

  • Bedrooms: 3
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Wall
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Single Lot
  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Zoning: LCR2*
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: Garage Is Detached,Tandem,Driveway

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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Monthly Payment

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301 N McDonnell Ave Los Angeles, CA 90022

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Clemens Mandell

| Clemens Mandell | Coldwell Banker Realty

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