Property listed by Douglas Elliman of California, Inc., Sasha Rahban 310-819-3250
$2,195,000
Located just blocks from Beverly Hills, West Hollywood, La Cienega Park, and LACMA, this well-maintained 4-unit property offers the perfect blend of investment potential and owner-user appeal. One of the two-bedroom units is currently vacant, presenting an incredible opportunity for a buyer to move in and enjoy the benefits of… Read More homeownership while generating passive income from the other three rented unitsessentially having tenants help cover the mortgage. If you're an investor, you have the flexibility to lease the vacant unit to a tenant of your choice and maximize rental income. For investors seeking additional upside, the rear of the property may offer potential for ADU development, creating an opportunity to increase rental income and enhance the property's overall value.The property features three (3) updated two-bedroom/one-bath units and one (1) one-bedroom/one-bath unit. The remodeled two-bedroom units boast new flooring, modern kitchens, stylish bathrooms, and recessed lighting.Ideally situated between Beverly Hills and Carthay Circle, this vibrant neighborhood is known for its energy, walkability, and access to some of LA's best dining, shopping, and entertainment. Just minutes from the hottest restaurants in West Hollywood and luxury retail in Beverly Hills, this is an excellent first home purchase with built-in rental income or a strong long-term investment opportunity.Don't miss this rare chance to own in a prime location with multiple income-generating possibilities! Read Less
Listing Snapshot
Days Online
43
Last Updated
Property Type
Other
Beds
7
Square Ft.
3,990
Lot Size
0.12 Acres
Year Built
1924
MLS Number
25478719
30 Days Snapshot Of 90048
$3,681k
+40%
(avg) sold price
13
+8%
homes sold
114
+18%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator
Building
Built in 1924, Building area total: 3,990, Levels: Two, Living area: 3990, 2 stories, 1 building
Cooling
None
Heating
WallFurnace
Income
Gross income: $139,391, Net operating income: $99,391
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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