2225 Thurman Ave
Multi-Family $ 1,099,000

2225 Thurman Ave

Los Angeles, CA 90016

  • 3 Beds
  • 3 Baths
  • 1,697 SqFt
  • 4,984 Lot Size
  • 1929 Year Built
Charming Spanish-style duplex offering the perfect blend of character, modern upgrades, and investment potential in the heart of Mid City. Whether you're looking to live in one unit while generating rental income from the other or expand your investment portfolio, this versatile property offers an exceptional opportunity.The front unit has undergone an extensive renovation, featuring updated flooring, a remodeled kitchen, refreshed laundry area, new paint, and thoughtful improvements throughout, while maintaining its original Spanish charm. Currently operating as a furnished mid-term rental generating $4,600 per month, the front unit will be delivered vacant at closing, giving the next owner the flexibility to move right in or continue its furnished rental use. The rear unit is currently tenant-occupied, providing an established rental income stream from day one and making this an attractive opportunity for both owner-occupants and investors. Adding even more value, the property features two rear garages and a spacious laundry room with potential for ADU conversion or additional development under LARD2 zoning. Ideally situated in Mid City near West Adams, Picfair Village, with convenient access to the 10 Freeway, Culver City, Santa Monica, Downtown LA, and Playa Vista. Enjoy nearby restaurants, shopping, and entertainment while benefiting from a central location that appeals to both residents and renters. A wonderful opportunity to own a character-filled, thoughtfully updated duplex with immediate income potential, owner-occupant flexibility, and room for future growth in one of Los Angeles' most connected neighborhoods.
Listed by Equity Union

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Multi-Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1, 697 sqft

    Price per Sqft $647

    MLS Listing ID 26102734

    Bedrooms 3

    Year Built 1929

    Lot Size 4,984 Sqft

    Acres 0.1144

    Property Sub-Type Multi-Family

  • Location

    State CA

    County Los Angeles

    Area Mid Los Angeles

    Zoning LARD2

  • Rooms

    Other Rooms None

  • Building

    Level or Stories Multi/Split

  • Interior

    Heating Wall, Zoned

    Cooling Air Conditioning, Dual

    Equipment Range/Oven, Washer, Ice Maker, Freezer, Garbage Disposal, Microwave, Dishwasher, Ceiling Fan, Refrigerator

  • Exterior

    Parking Features Garage - 2 Car, Driveway - Concrete

    Garage Spaces 4.0

  • Others

    Special Listing Condition Standard

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CONTACT

Tyler Coon
Tyler Coon

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