Los Angeles, CA 90042 252 Branch Street

Stabilized cash-flow fourplex in Highland Park that generated $182,617 gross in 2022. 2 APNs on a total lot of 12,804 SF corresponding to two duplexes joined by a common driveway. Three dwelling on the lot. 248 Branch APN 5493-001-014 corresponds to two different structures: the front building (248 Branch) is a one-story dwelling with 3 bed / 2 bath currently on the market for lease for $4,195 and a back unit (248 1/2 Branch) comprising of a 4 bed /3 bath currently leased $5,295. The total living space of those two units is 2,766 SF. 252 Branch Street APN 5493-001-015, the other duplex built in 1912, is structured in one single building divided into a bottom unit and a top unit, that were remodeled in 2019. The bottom unit (252 Branch Street) is 3 bed / 2.5 Bath currently rented for $3,865 and the top unit (252 1/2 Branch Street) is a 3 Bed /1 Bath currently rented out for $3,333. The total living surface of 252 Branch Street is 3,138 SF. The lot of 252 Branch comprises also a front yard area, a two-car garage, and a large backyard that should allow enough space for the building of a third unit/ADU (to be investigated by Buyer no permit requested). The total living space of those two units on 252 Branch is 3,138 SF. Located in Highland Park just North of the popular York Blvd with walking distance to best local restaurants and cafes