Property listed by The Beverly Hills Estates, Michael LaMontagna 310-626-4248
$1,895,000
1722 and 1724 Nichols Canyon present a rare and versatile opportunity in one of Lower Nichols Canyon's most sought-after locations. Set on a single lot, the property currently functions as two thoughtfully updated and remodeled houses: a charming front house with a private yard and a separate rear guest house,… Read More offering both privacy and flexibility. Exceptional off-street parking accommodates both homes, an uncommon convenience in this coveted hillside enclave. Land use and Zoning allow for legal multifamily use, the property provides immediate income along with compelling potential for future redevelopment or creative re-imagining. The front residence, a two-bedroom, two-bath home, is presently leased at $4,650 per month, while the rear one-bedroom, one-bath residence generates $3,495 per month. Both units are rented on a month-to-month basis, allowing for maximum flexibility for an owner-user or investor. Located in the heart of Lower Nichols Canyon, the property is surrounded by a lush, tree-filled landscape that defines this serene Hollywood Hills neighborhood. Known for its peaceful, "country-in-the-city" ambiance, the area features a harmonious blend of modern, rustic, and luxury homes, all just moments from the energy of Hollywood, Sunset Strip, and West Hollywood. Read Less
Listing Snapshot
Days Online
0
Last Updated
Beds
3
Square Ft.
2,344
Lot Size
0.15 Acres
Year Built
1913
MLS Number
26661061
Additional Details
Building
Built in 1913, Living area: 2344.0, 2 buildings, 2 stories, Levels: Two
Fireplaces
None
Floors
Tile, Wood
Income
Gross Income: $97,740
Laundry
Inside
Lot
0.1506 acres, Dimensions: 50x132
Parking
5 total parking spaces, Driveway
Pool
None
Property
UpdatedRemodeled, Other structures: GuestHouse
Taxes
Parcel Number: 5551009016, 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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