4068 Sutro Ave, Los Angeles, CA 90008

Property Description

A rare two-unit income property in the heart of Leimert Park front house plus a fully permitted, separately addressed detached ADU, two legal units on one deed.The front house: 3 bed / 3 bath, ~1,551 SF, beautifully remodeled with farmhouse-style hardwood floors, a fireplace, and a designer kitchen with a quartz waterfall island. New roof, plumbing, electrical, and a tankless water heater nothing here needs work. The primary suite offers a spa-like bath with a soaking tub, and French doors open to a private backyard with mature fruit trees.The detached ADU (4070 Sutro Ave) has its own address, full kitchen, bath, skylight, and in-unit laundry ready for a tenant, a guest suite, or a home office from day one.This isn't a speculative income play. Apartment buildings sit across the street and down the block, so the rental demand here is already proven, not projected. Current market rents: $4,750/mo for the front house, $1,750/mo for the studio $6,500/mo gross, roughly $78,000 a year.No HOA. No shared walls. Real flexibility for whoever buys it:- House hackers live in the front house, let the ADU offset the mortgage- 1031 exchange buyers two rentable units from close, a strong income-producing replacement property- Multigenerational households a separate, private studio with its own entrance and kitchen for parents or adult childrenMinutes to USC, 1520 to Culver City, and close to Downtown LA, dining, shopping, and Metro access.