PORTFOLIO OF FIVE DUPLEXES IN EL SERENO
Iconic is pleased to present for sale, a portfolio of 5 duplexes in El Sereno. The vertical duplexes at 4613 to 4631 Twining Street in up-and-coming El Sereno is a fabulous opportunity for an owner-user or an investor.
4613 Twining Street - The units of this detached mid-century property are both 2 bedroom/1-bath. It's a total of 1,566 square feet of desirable living space on a 4,706-square-foot landscaped lot with generous patio space and parking, including a spacious carport. Residents of both units enjoy a private entrance. List Price - $499,000
4617 Twining Street - The units of this detached mid-century property has one 2 bedroom/1-bath and one 3 bedroom/1-bath. It's a total of 1,848 square feet of desirable living space on a 4,890-square-foot landscaped lot with generous patio space and parking, including a spacious carport. Residents of both units enjoy a private entrance. List Price - $525,000
4621 Twining Street - The units of this detached mid-century property are both 3 bedroom/1-bath. It's a total of 1,848 square feet of desirable living space on a 4,791-square-foot landscaped lot with generous patio space and parking, including a spacious carport. Residents of both units enjoy a private entrance. List Price - $525,000
4625 Twining Street - The units of this detached mid-century property are both 3 bedroom/1-bath. It's a total of 1,848 square feet of desirable living space on a 4,959-square-foot landscaped lot with generous patio space and parking, including a spacious carport. Residents of both units enjoy a private entrance. List Price - $525,000
4631 Twining Street - The units of this detached mid-century property are both 3 bedroom/1-bath. It's a total of 1,848 square feet of desirable living space on a 5,127-square-foot landscaped lot with generous patio space and parking, including a spacious carport. Residents of both units enjoy a private entrance. List Price - $525,000
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. The other submarkets that are minutes away from El Sereno—like Glassell Park, Highland Park, and Downtown LA—have all gentrified in the last five years. These areas have seen spikes in home values and rents, and the arrival of many boutique restaurants and new retailers. El Sereno is just south of upscale South Pasadena.
An owner-user can live in one of the units and pay less than they would pay for market rents in the area. This attractive price point makes home ownership irresistible. On the other hand, a forward-looking investor can take advantage of the appreciation in values and rents that this submarket is sure to realize.
