Property listed by Marcus & Millichap, Saadia 'Sam' Liberow 818-212-2700
$1,900,000
This property is situated in one of Los Angeles' most desirable rental markets, just minutes from Beverly Hills, West Hollywood, and Cedars-Sinai Medical Center. Its prime location attracts high-income tenants seeking a vibrant, walkable lifestyle, with easy access to major job hubs such as Century City, Hollywood, and the Miracle… Read More Mile home to leading media, entertainment, and tech companies. Offering a mix of spacious units, the property includes a vacant two-bedroom, two-bath unit with in-unit laundry and a private yard, making it ideal for an owner-occupier. Additionally, three one-bedroom, one-bath units feature generous layouts with a combination of laminate and tile flooring, catering to both renters and investors alike. Beyond its unbeatable location, the property offers privacy and outdoor space with a secluded front and side yard shaded by mature trees an appealing feature in the heart of the city. Significant value-add potential exists, as current rents average $1,700 per month for the unrenovated units, with projections reaching $2,500-$3,000 per month after upgrades. Two separate two-car garages provide secure parking and potential for ADU conversion, creating additional income opportunities. Read Less
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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