This Historic Highland Park Duplex Offers Great Location And Income Potential

Have you ever done a deep dive into the history of duplexes? Because I have. And guess what? That info is sparse, y’all. I was directed to a lot of books, but the real question is, is it on Audible? Because I have a credit. ANYWAY, here’s a pretty impressive Highland Park duplex that offers a great location and so much more.

Highland Park Duplex Revives The Revival

Because it was built in 1930, you’re probably thinking, “But Nikki, I was under the impression the Spanish Colonial period in America ended in the mid-1800s?” Heck yes, it did. However, the turn of the century sparked Colonial Revival style, and the Spanish Colonial style tagged along.

When they were originally constructed, Spanish Colonial Revival homes were built with clay and adobe (and occasionally brick) because they had to. Nowadays, we’ve kept the clay but swapped adobe for stucco.

Now, this is when the deep dive on duplexes came up because I was like, who was even living in a Highland Park duplex back in the 1930s?!? P.S. The answer was pretty much what you’re thinking – “young, single, professional men who had moved from less prosperous areas of the country.” One site suggested young families and the Internet took turns burning that idea down with a litany of tersely worded comments.

THEN, the search told me a whole bunch more stuff I didn’t even ask for like “duplexes and four-flats were built in large numbers” during “the boom decade of growth,” which was the 1920s. The important thing is now we’ve wasted time learning that together. High five.

Passive Income, Y’all

As I was saying, this Spanish Colonial Highland Park duplex is for sale. It’s more than a duplex. It’s a duplex plus a garage apartment out back. If you’re keeping up, that’s three monthly rents for you and your burgeoning empire.

Barnett & Hill’s John Hill broke it down even further:

The lower unit is 2,200 square feet with a potential rent of $4,100 to $4,500.
The upper unit is 2,059 square feet with a potential rent of $3,600 to $3,900.
The garage apartment (with a two-car garage below) is 650 square feet with potential rent of $1,100 to $1,300.

Spanish Colonial Roll Call

All three have been updated but nods to the Spanish style remain such as the use of arched doorways, terracotta tile, brick flooring, minimal windows, exposed wood beams, a courtyard of sorts (plus artificial grass in the backyard), the classic red clay tile roof, and very little decoration on the exterior (no muss and also, no fuss).

Hill is not only the listing agent, he’s also the owner so if you have questions, hit him up.

John Hill of Barnett & Hill has 4513 Fairway Avenue listed for $1,989 million