Property listed by Sotheby's International Realty, Marc De Longeville 310-481-6262
$2,650,000
An outstanding opportunity for investors and 1031 exchange buyers. The property is currently owner occupied and operated as a sober living residence. The current operator has expressed interest in remaining in possession after close of escrow, offering the next owner the option of immediate in place rental income. This spacious… Read More residence features a main home and a detached guest casita, ideal for multiple income streams or future owner user flexibility. There are close to five thousand square feet of living space on an eight thousand three hundred square foot lot, with five bedrooms and six bathrooms. The home was completely remodeled to the studs in 2022, with a new roof and a solar system added in 2023. The gourmet kitchen offers custom white oak cabinetry, granite counters with a full slab backsplash, and ZLINE appliances including a professional range and refrigerator. Two generous primary suites provide ample space, natural light, and spa style baths with dual vanities and oversized showers. One suite opens to a private backyard retreat with outdoor dining and lounge areas, a pool, and direct access to the renovated casita with its own kitchen, appliances, and new flooring.Perfectly situated near UCLA, Century City, and Beverly Hills, this property combines luxury living with strong rental demand in one of the most desirable neighborhoods in Los Angeles. Read Less
Listing Snapshot
Days Online
21
Last Updated
Beds
5
Square Ft.
4,965
Lot Size
0.19 Acres
Year Built
1968
MLS Number
26650375
Additional Details
Appliances & Equipment
Barbecue, Dishwasher, Disposal, Refrigerator
Building
Built in 1968, Living area: 4965.0, 1 building, Levels: MultiSplit
Cooling
CentralAir
Heating
Central
Income
Gross Income: $180,000, Net Operating Income: $137,500
Laundry
Inside
Lot
0.1916 acres, Dimensions: 52x160
Parking
2 total parking spaces, DoorMulti, Driveway, Garage
Pool
InGround
Roof
AsbestosShingle
Taxes
Parcel Number: 4251001029, Zoning: LAR1
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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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