Property listed by Compass, Basya Gradon 310-230-5478
$1,995,000
A rare opportunity to purchase a beautifully preserved four-unit building in the heart of the Fairfax District, just north of Beverly Blvd. Ideally positioned near the iconic Original Farmers Market and The Grove, this property embodies true Los Angeles character, a timeless example of early 20th-century architecture that continues to… Read More attract long-term tenants and steady demand. Each spacious unit features hardwood floors, in-unit laundry, and designated parking, reflecting the enduring appeal of thoughtful design and craftsmanship. With its unbeatable location, spacious + desirable layouts it creates a strong upside potential for investors whether through rental income growth, future appreciation, or light value-add improvements. Don't miss this chance to own a classic, income-producing asset in one of Los Angeles's most dynamic and highly coveted neighborhoods. Read Less
Listing Snapshot
Days Online
11
Last Updated
Property Type
Other
Beds
10
Square Ft.
5,486
Lot Size
0.15 Acres
Year Built
1927
MLS Number
25609551
30 Days Snapshot Of 90036
$2.41M
+10%
(avg) sold price
7
-36%
homes sold
98
+34%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Dryer, Washer
Building
Built in 1927, Building area total: 5,486, Levels: One, Living area: 5486, 1 story, 1 building
Heating
ForcedAir
Income
Gross income: $111,132, Net operating income: $50,455
Lot
0.1464 acres, 6,377 square feet, Size: 6,377
Parking
Driveway
Property
Zoning: LARD1.5
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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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