This fantastic duplex in up and coming El Sereno was an incredible opportunity for our client Christina, an investor who was looking for passive income.

The building includes two 2 bedroom/1 bath units and four parking spaces. One unit has been completely renovated and is currently vacant. The other unit is leased to long term tenants.

While emerging, El Sereno is still one of LA's best-kept secrets. The area offers lush hills, beautiful mountain vistas and numerous parks and playgrounds. Tucked away yet close to Glassell Park, Highland Park, and Downtown LA—have all gentrified in the last 5 years. These areas have seen spikes in home values and is in easy reach of the 710, 10, 5, and 110 freeways.

MCG felt that this building has the potential to achieve an incredible GRM of 10.96 for our client when fully rented at market. With every conceivable amenity within reach, this property is now tucked nicely in her carefully nurtured investor portfolio.