3256 Castle Heights Ave Los Angeles, CA 90034

Multi-Family (2-4 Units) MLS #: 24-435655 Courtesy Of The Agency

$1,999,999

2 beds | 1,205 sq ft
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Estimated monthly payments: $8,743/mo.* (recalculate)

Property InformationDescription

Exceptional Investment Opportunity in Beverlywood: Duplex with RTI for Expansion, Welcome to 3256 Castle Heights Ave, a prime investment property in the highly sought-after Beverlywood neighborhood of Los Angeles. This well-positioned duplex not only offers immediate rental income but also comes with Ready to Issue (RTI) plans for substantial future development of 4,000sf duplex, with a 3 car garage, with alley access. Situated in the vibrant Beverlywood area, this duplex provides easy access to shopping, dining, and major transit routes, offering the perfect blend of urban convenience and suburban tranquility. Unit 1: A spacious 2-bedroom, 1-bath unit currently renting for $3,000 per month. Unit 2: A charming 1-bedroom, 1-bath unit renting for $2,300 per month. **Development Potential:** - **RTI Plans:** The property comes with Ready to Issue (RTI) plans for the construction of two additional units: Unit 3: A generous 5-bedroom, 5-bath residence designed for luxury living with ample space and modern amenities. Unit 4: A well-designed 3-bedroom, 3-bath home offering comfort and style. This development opportunity allows for increased rental income and the potential for enhanced property value.Unit 1: Features an open living area, updated kitchen, and two comfortable bedrooms. Unit 2: Includes a cozy living space, functional kitchen, and a charming bedroom. The property boasts a well-maintained exterior with a landscaped front yard and ample off-street parking. The shared backyard offers additional space that can be developed further or enjoyed by current tenants. With existing rental income and RTI plans for two additional high-demand units, this property represents a significant opportunity for investors looking to capitalize on the Los Angeles real estate market. Don't miss the chance to own a property with immediate returns and exceptional growth potential. Contact us today to learn more about 3256 Castle Heights Ave and how it can be a strategic addition to your investment portfolio!
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Lot Size: 0.16 Acres

MAP & DIRECTIONS

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3256 Castle Heights Ave, Los Angeles, CA 90034
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School Information

3256 Castle Heights Ave, Los Angeles, CA 90034

Elementary School
Grades KG-5 | Public School
CASTLE HEIGHTS ELEMENTARY SCHOOL
Los Angeles, CA 90034
9755 Cattaraugus Ave
310.­839.4528
Distance: 0.4 mi
School Rating
A-
Student:Teacher Ratio
24:1
Total Students
561
Middle School
Grades 6-8 | Public School
PALMS MIDDLE SCHOOL
Los Angeles, CA 90034
10860 Woodbine St
310.­253.7600
Distance: 1.1 mi
School Rating
B
Student:Teacher Ratio
24:1
Total Students
1291
High School
Grades 9-12 | Public School
ALEXANDER HAMILTON HIGH SCHOOL
Los Angeles, CA 90034
2955 S Robertson Blvd
310.­280.1400
Distance: 0.5 mi
School Rating
B+
Student:Teacher Ratio
23:1
Total Students
2533
Other Nearby Schools Distance Type Grades School Rating
Cheviot Hills Continuation 0.5 mi Public 9-12 D
Angeles Workshop School 0.5 mi Private 6-12
Magnolia Science Academy 6 0.5 mi Public 6-8 A
Palms Elementary 0.6 mi Public KG-5 C
Vista School 0.6 mi Private 1-12
Park Century School 0.8 mi Private 1-8
Linwood E. Howe Elementary School 0.8 mi Public KG-5 B-
New World Montessori School 0.9 mi Private PK-6
Turning Point School 0.9 mi Private PK-8
Shenandoah Street Elementary School 1.0 mi Public KG-5 B
Le Lycee Francais De Los Angeles 1.0 mi Private PK-12
Notre Dame Academy Elementary School 1.1 mi Private KG-8
Redeemer Baptist School 1.1 mi Private KG-8
Notre Dame Academy Girls High School 1.2 mi Private 9-12
Echo Horizon 1.2 mi Private PK-6
The Willows Community School 1.2 mi Private KG-8
Play Mountain Place 1.3 mi Private PK
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90034

Median Age: 35.5
Married: 30%
Number of Households: 24,385
Households with Children: 15.9%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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