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Shawn Luong
Mobile Phone:
626-643-7090
reoagent@shawnluong.com

DRE# 00857818
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Shawn Luong
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Mobile Phone:
626-643-7090
reoagent@
shawnluong.com

DRE# 00857818
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Let your search for a real estate professional end here. Please explore the resources within my website, you will find everything you need to buy or sell a home as well as learn about the market value of homes. You can search for homes with detailed descriptions, photos, community and school information and so much more.

As a qualified and seasoned real estate professional, I am ready to assist you with all of your real estate needs. My approach is customized for each client; my solutions are never one-size-fits-all! Please view this website as an introduction of my services and capabilities in this local area. Give me a call or send an email when you are ready to visit some homes or to schedule a free home selling consultation. I look forward to working with you!

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Shawn Luong 
Contact Info:
Mobile: 626-643-7090
Email: reoagent@shawnluong.com
 

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Featured Property
| Properties I'm Selling (2) |
Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Backup Offers
MLS#:
CV19027452
Type:
Cluster
Lot size:
0.18 Acres
Year built:
1902
Courtesy: CENTURY 21 MASTERS

Solid and easy to manage bread and butter rentals with long-term tenants located in Downtown LA and less than 1.5 mi from USC. The lot is zoned RD1.5 and the property is located in an Opportunity Zone which allows disappearance of capital gains if hold 10+ years and 15% discount on the capital gains used for acquisition. The zoning allows for 5 small-lot home development with TOC Tier 3 density bonus. The front building has 4 units, with 2 upstairs and 2 downstairs units. The downstairs units are large one-bedroom with living room and formal dining room and are a similar size with the upstairs 2-bedroom units, thus can be applied for a conversion to a 2-bedroom. The back building is a 3-bedroom house with 2 full bathrooms, currently used as a 5-bedroom house. Four units have been recently updated with laminate wood floor and one unit has its original wood floor refinished. New paint in most units. Two units have new kitchen cabinets less than one-year-old. This property has tremendous upward potential for the right new owner.