Property listed by Nelson Shelton & Associates, Ellen Urman 310-271-2229
$1,849,000
Price Improvement!!!!!!Attention all investors, developers and owner/users!! Opportunities knock for owning greatly appointed bungalow style duplex in LAR3 zoning with 3 bed 3 bath front unit and 1 bed 1 bath back unit. Property located in the Melrose neighborhood of LA on the border of West Hollywood. Both units… Read More in move in condition with granite countertops kitchens, tiled bathrooms, hardwood floors, central HVAC system, and ample amount of closet spaces. Separate water heaters, gas and electric meters, a tranquil backyard, and a garage with storage and small office. This is a fantastic opportunity for an Owner/User to live in one unit and use the rent from the tenants to offset their mortgage or a value-added operator who would construct ADUs to stabilize the property for a higher rate of return, or a developer, who can build multi units. Located in a vibrant and trendy Los Angeles neighborhood. This prime location offers residents easy access to lively nightlife, diverse entertainment venues, cultural hotspots, and trendy dining options for which the area is renowned. The area is densely populated and close proximity of trendy shops, delicious eateries, parks, and entertainment options. Read Less
Listing Snapshot
Days Online
138
Last Updated
Property Type
Other
Beds
4
Square Ft.
1,991
Lot Size
0.17 Acres
Year Built
1942
MLS Number
25518849
30 Days Snapshot Of 90046
$2.34M
+13%
(avg) sold price
29
-23%
homes sold
83
-15%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher
Building
Built in 1942, Building area total: 1,991, Levels: One, Living area: 1991, 1 story, 2 buildings, Architectural style: Craftsman
Cooling
CentralAir
Garage
2 spaces
Heating
Central
Lot
0.1749 acres, 7,620 square feet, Size: 7,620
Parking
2 open parking spaces, 4 totals parking, Private, Storage
Pool
None
Property
Zoning: LAR3
Sewer
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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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