Today's blog post marks the beginning of a new series we'll be doing where we'll tell you everything you need to know about duplexes in Los Angeles. We're choosing to shine a spotlight on this type of property because although they're sometimes overlooked as an option, they can be the ideal choice for prospective owners, investors, and renters. These properties are less expensive than a single-family home, so they're great for the renter or owner who wants the feeling of an SFR, but can't quite afford that yet. If you're considering getting into real estate investing, starting off with a duplex is a great way to get your feet wet without taking on the responsibility of a multi-unit building.
Los Angeles has an abundance of duplexes throughout the city, but they first started popping up here in the 1920s and 1930s. The developers' intentions were to create more affordable multi-family homes that blended in seamlessly with single-family dwellings.
Unlike other cities, LA features a wide variety of duplexes to fit any taste: Spanish Revival, Mediterranean, or Tudor-style. There are side-by-side structures and up-and-down, as well as the main home and ADU set-up. Then there's the Holy Grail: two units on one lot. It's the perfect option for a family who'd like to move their aging parents in (but still maintain some privacy) or homeowners who'd like to pay off their mortgage by renting out the other unit.
If you want to start looking to invest in a duplex in East Hollywood or surrounding areas, email us or gives us a call at (323) 412-9060.
Posted by Ben Nicolas (Manager) on
Leave A Comment