Property listed by The Agency, Steven Kirshbaum 424-230-3700
$2,095,000
Incredible Live-In + Income Opportunity in the Heart of Los Feliz - Walk to the Best of LA. This is a rare chance to own a beautifully remodeled standalone single-family home paired with two detached income-producing units, ideally located in one of LA's most vibrant and walkable neighborhoods. This unique… Read More setup offers the ability to live in the standalone 1,789 sq ft 3-bedroom/3-bath front house complete with parking and a gorgeous private yard while the two updated 1-bedroom/1-bath rear units generate reliable rental income, ideal for offsetting your mortgage or boosting investment returns. A perfect fit for both owner-users and investors. Over $600,000 in upgrades have been invested in recent years, including a brand-new foundation; updated plumbing, electrical, gas, and water lines; remodeled kitchens and baths; new flooring and HVAC (central AC in the front, mini-splits in the rear units); and extensive smart home features. The lush front and rear yards create a private, fully hedged oasis, featuring an outdoor kitchen, fire pit, a curated mix of fruit trees, an EV outlet, a 220W hot tub-ready outlet, a custom electric privacy gate and a 10x12 storage shed. This is a true turn-key property with solid NOI, a competitive cap rate, and excellent long-term value. Located in a top-rated school district, with Barnsdall Art Park across the street, Griffith Park blocks away, and the Eastside's best cafes, bars, shops, theaters, and restaurants just steps from your door, this is truly a walker's paradise. Whether you're seeking a beautiful home to live with income support from two additional units, or a fully stabilized investment in a premium location, 1725 N Berendo delivers on every level. 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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