2645 ALICE ST Los Angeles, CA 90065

Two vacant homes on a lot in the NELA neighborhood of Cypress Park. The front home is 2+1 with tankless water heater, copper plumbing and updated electrical with an estimated rental value of $2,300 - $2,600. The rear house features 3 bedroom and 2 baths with an attached 1car garage, a small private backyard, and an estimated rental value of $2,700 - $3,000. With $5,000 - $5,600 in monthly income, this smart investment cash flows very positive with 20% down for investors or allows you to owner occupy it reasonably with even 10% down. Give it some cosmetic TLC and you're adding value to an already great investment. Enjoy the multiple fruit trees like avocado, fig, lemon and loquat trees, the large lot with long driveway, a coin-operated laundry option for additional income or provide laundry inside each home. Minutes from Echo Park, Atwater, Downtown, Pasadena, and Glendale. Don't miss this rare opportunity for vacant units.