Property listed by Compass, James Harm 323-593-6999
$2,695,000
:: TWO UNITS DELIVERED VACANT :: PARTIAL SELLER FINANCING AVAILABLE :: Tucked away from the street in historic Beachwood Canyon, nestled below the iconic Hollywood sign, lies a 4-unit Craftsman-style compound consisting of a triplex and a detached bungalow. Situated on an expansive private lot, each generously sized unit retains… Read More old-world charm while offering the modern amenities of today's living. A commanding front triplex offers alluring curb appeal, while the secluded vacant bungalow offers an investor the opportunity to achieve market rent immediately or a rare opportunity for an owner-user to maintain their own private space while the occupied units help offset a mortgage. Upgrades over the years include renovated kitchens and bathrooms, plus the addition of central HVAC. Tenants of the community enjoy shared and private outdoor spaces, garage parking and W/D hookups. This rare offering is located within close proximity to Franklin Village, offering an array of shops and dining for tenants and owner-users. Fully occupied, the property generates $183,000/year, offering an excellent investment opportunity in one of Los Angeles' most prized locations. Read Less
Listing Snapshot
Days Online
126
Last Updated
Property Type
Other
Beds
8
Square Ft.
5,495
Lot Size
0.24 Acres
Year Built
1941
MLS Number
25488573
30 Days Snapshot Of 90068
$2.14M
+45%
(avg) sold price
15
-31%
homes sold
57
-27%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1941, Building area total: 5,495, Levels: MultiSplit, Living area: 5495, 2 buildings, Architectural style: Craftsman
Cooling
CentralAir
Fireplaces
Gas, Kitchen, LivingRoom
Floors
Wood
Heating
Central
Income
Gross income: $183,000, Net operating income: $127,240
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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