1629 Mayo, Hollywood

Reduced for a quick sale. Owner looking to move equity. Most aggressively priced duplex in East Hollywood2 blocks east of Federal Hwy and minutes from Downtown and the Beach. This is a true value-add opportunity for investors seeking a fix & flip or long-term hold. The duplex consists of an owner-occupied 2/1 in good but original condition with newer kitchen cabinets and granite countertops , and a 1/1 currently rented at 1,500/month on a flexible month-to-month basis with some updating. The property is poised for significant rent upside and appreciation in a rapidly improving neighborhood. Surrounding area benefits from strong rental demand, ongoing redevelopment, and favorable sales comps. Please review the offer memorandum for neighborhood trends, lease analysis and sales grids.