Located in Highland Park on 2x lots totaling 12,804 sq ft (LARD2), 248 & 252 Branch are a 2x lot assemblage with 3x different buildings (built 1906, 1912 & 1982), 4x units all together. Incredible owner occupied or investment opportunity. With a Walkscore of 89, the branch properties are just North of the popular places on York Blvd such as Dulce de Leche, The York or Joy restaurant and a short 5-minute drive to the Arroyo Seco park and golf course. Thoroughly rehabbed in late 2019, all 3x buildings have a brand new electrical, kitchens, bathrooms, flooring and windows.
248 Branch APN# 5493001015 consists of one front unit with 3br/2ba, and a back unit with 4br/3ba 2766 sq ft total. 248 1/2 back house has a private back patio with a planting area and front unit has a private front yard. Front House CofO-1958, Back House CofO-1982 (appears to be non RSO -- buyer to verify) Both units currently occupied at $7,890/month (combined). May be possible to deliver 4/3 back house vacant. 248 & 248 1/2 current rent is $7890 as of Feb 2022
252 Branch APN# 5493001014 is a 3,138 square foot property and includes a bottom unit with 3br/2.5ba, and a top unit with 3br/1ba. 252 Branch exterior includes a front yard area, a two-car garage, and a large fenced in backyard. The backyard is large enough for construction of a third unit/ADU Ideal for anyone looking to live in a new house and have the front 2 units offset mortgage (or 4x units if 248 Branch purchased simultaneously). Conceptual drawings (Renderings) for back house included. Plans have *_NOT_* been submitted or approved by the city of Los Angeles. Buyer to verify development potential independently.