1639 E 90th Street Los Angeles, CA 90002

Multi-Family (2-4 Units) MLS #: SR24212131 Courtesy Of Viceroy Realty Inc.

$819,900

5 beds | 3 baths | 1,540 sq ft
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Estimated monthly payments: $3,584/mo.* (recalculate)

Property InformationDescription

**Attention Investors & Savvy owner-occupied buyers alike! Exceptional Investment Opportunity! VACANT!!! Spacious, permitted legal duplex plus an additional third unit is now available on a generous 7,146 sq. ft. lot. Zoned LACR2 With Ready to Issue (RTI) plans already in place for two additional Accessory Dwelling Units (ADUs) totaling additional 1,100 sq. ft.to be added 2 two bedrooms, this property is primed for growth. Alley access provides separate rear entry. The owner completed a full remodel of the entire property, including all new roof and all-new plumbing under the house. The kitchen features fresh white cabinets with quartz countertops, and both the interior and exterior have been freshly painted. Updated lighting fixtures, electrical panels, new shower fixtures, bathroom vanities enhance the property, along with new waterproof vinyl flooring and metal fencing. Current rental estimates are promising: the front unit could generate $2,500+, while the back 2-bedroom, 1-bath unit may yield around $4,000, along with an additional studio in the spacious backyard. This totals approximately $6,500 per month! Alternatively, you can live in the studio and rent the two larger units for a total of $5,000 monthly. Approved ADUs expected to add another $5,000+ monthly, this property represents a significant cash flow opportunity. *Key Features:* Separate water and gas meters for 2 unit, minimizing overhead costs. Two separate driveway entrances: a front driveway accommodating up to 2-4 vehicles and a rear driveway for 4. A large, fenced backyard ready for your vision. Conveniently located near freeways and major transportation including the Metro Blue Line. It's also across Washington Park, schools, vibrant Avalon Gardens and Hacienda Village neighborhoods. Being just outside Los Angeles city limits! means less restrictive regulations for development. Architectural and engineering plans included, most permits already paid. The buyer can easily transfer plans right before construction. Build now or later the choice is yours! Don t miss this incredible investment opportunity! Property functions effectively as a triplex, as the front units have been split to create two separate units. Enjoy a quiet street just a short walk from an arts academy, a large park with soccer field, basketball courts, pools, and the Washington Park Center. Don t let this incredible investment slip away! Seize the chance to transform your future and create lasting legacy today!
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Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Cooling System: None

MAP & DIRECTIONS

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1639 E 90th Street, Los Angeles, CA 90002
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School Information

1639 E 90th Street, Los Angeles, CA 90002

Elementary School
Grades KG-6 | Public School
JUDITH F. BACA ARTS ACADEMY
Los Angeles, CA 90002
1536 E 89th St
323.­826.3560
Distance: 0.1 mi
School Rating
C+
Student:Teacher Ratio
21:1
Total Students
624
Middle School
Grades 7-8 | Public School
DREW MIDDLE SCHOOL
Los Angeles, CA 90001
8511 Compton Ave
323.­826.1700
Distance: 0.5 mi
School Rating
D
Student:Teacher Ratio
20:1
Total Students
775
High School
Grades 9-12 | Public School
JOHN C. FREMONT HIGH SCHOOL
Los Angeles, CA 90003
7676 S San Pedro St
323.­565.1200
Distance: 1.7 mi
School Rating
D+
Student:Teacher Ratio
21:1
Total Students
2014
High School
Grades 9-12 | Public School
PERFORMING ARTS COMMUNITY SCHOOL - DIEGO RIVERA LEARNING COMPLEX
Los Angeles, CA 90001
6100 S Central Ave
323.­846.2136
Distance: 2.1 mi
School Rating
C-
Student:Teacher Ratio
20:1
Total Students
512
High School
Grades 9-12 | Public School
PUBLIC SERVICE COMMUNITY HIGH SCHOOL - DIEGO RIVERA LEARNING COMPLEX
Los Angeles, CA 90001
6100 S Central Ave
323.­846.2128
Distance: 2.1 mi
School Rating
B-
Student:Teacher Ratio
21:1
Total Students
536
High School
Grades 9-12 | Public School
COMMUNICATION & TECHNOLOGY SCHOOL - DIEGO RIVERA LEARNING COMPLEX
Los Angeles, CA 90001
6100 S Central Ave
323.­846.2118
Distance: 2.1 mi
School Rating
C-
Student:Teacher Ratio
23:1
Total Students
514
High School
Grades 9-12 | Public School
GREEN DESIGN STEAM ACADEMY - DIEGO RIVERA LEARNING COMPLEX
Los Angeles, CA 90001
6100 S Central Ave
323.­846.2108
Distance: 2.1 mi
School Rating
B
Student:Teacher Ratio
21:1
Total Students
600
High School
Grades 9-12 | Public School
DYMALLY HIGH SCHOOL
Los Angeles, CA 90003
8800 S San Pedro St
323.­565.4600
Distance: 1.4 mi
School Rating
D
Student:Teacher Ratio
20:1
Total Students
672
Other Nearby Schools Distance Type Grades School Rating
University Pathways Public Service Academy 0.4 mi Public 9-12 C
96th Street Steam Academy 0.4 mi Public KG-6 D+
92nd Street Elementary Steam Academy 0.5 mi Public KG-6 B-
Animo Florence-firestone Charter Middle School 0.5 mi Public 6-8 B
Animo College Preparatory Academy 0.5 mi Public 9-12
Graham Elementary Steam Academy 0.6 mi Public KG-6 C
Russell Elementary School 0.6 mi Public PK-6 C+
Animo Pat Brown 0.6 mi Public 9-12 B
Kipp Ignite Academy 0.7 mi Public KG-4 D-
Kipp Philosophers Academy 0.8 mi Public 5-8 D+
College Bridge Academy 0.9 mi Public 9-12 D-
Thomas Riley High School 0.9 mi Public 7-12 C
Florence Griffith Joyner Elementary 0.9 mi Public KG-5 D-
Compton Avenue Elementary Steam Academy 1.0 mi Public KG-5 C
St Aloysius Gonzaga School 1.0 mi Private PK-8
99th Street Elementary School 1.0 mi Public PK-6 B-
Edwin Markham Middle School 1.0 mi Public 6-8 D
Parmelee Elementary 1.1 mi Public KG-6 B-
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 90002

Median Age: 30
Married: 41%
Number of Households: 12,294
Households with Children: 54.5%
  • 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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