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248 Branch Street Main Image
Incredible Investment Opportunity in Highland Park
Currently generating $8,398/mo income (4.5% cap rate)

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248 Branch Street  Los Angeles,  CA 90042
248 Branch Street

7 BEDROOMS | 4 BATHROOMS | 2,766 SQFT

MLS# 22-186327 | Asking: $1,595,000

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Located in Highland Park on a 6,402 sq ft LARD2 lot, this 2-on-a-lot duplex setup is an incredible owner-occupied or investment opportunity. Currently generating $8,398/mo income (4.5% cap rate). Compare this income to any other duplex in the area. Rehabbed in late 2019, 248 Branch consists of one front unit with 3br/2ba and a back unit with 4br/3ba. 248 1/2 back house has a private back patio with a planting area and front unit has a private front yard. Located just North of the popular places on York Blvd such as Dulce de Leche, The York or Joy restaurant, and a short 5-minute drive to the Arroyo Seco park and golf course. Adjacent duplex 252 Branch APN# 5493001014 also available for sale under MLS Listing #22-186335. Non-city approved conceptual only plans to add 3rd unit to 252 Branch available Front House CofO-1958, Back House CofO-1982 (appears to be non-RSO -- buyer to verify) Interior pix are from 2019 remodel. Both units are currently occupied.

If you have any questions or would like to schedule a showing, please contact me.

Ben Nicolas Realtor Photo

Ben Nicolas
(310) 874-1278
Lic#: 01458128

IET Real Estate - Logo

Iet Real Estate
137 N Larchmont Blvd 658
Los Angeles, CA 90004
(310) 874-1278

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