Property listed by Sotheby's International Realty, Joseph Lightfoot 323-665-1700
$1,595,000
This is a special place, with a quiet serenity that you would expect to find deep in the hills of Laurel Canyon. The sought-after "Glen Streets" of Beachwood Canyon offer a peaceful retreat from the city, surrounded by canyon scenery, treetop views, and classic Hollywood Hills atmosphere. Located on a… Read More quiet cul-de-sac, this Glen Oak Street triplex presents a rare opportunity to live in the vacant owner's unit while benefiting from income from two additional apartments below. The upper owner's unit features two bedrooms, one bath, views from nearly every window, and double French doors from both the living room and bedroom opening to an expansive deck designed for entertaining, dining, or simply taking in the canyon setting. Inside, natural wood floors, warm wood trim, in-unit laundry, zoned mini-split heating and cooling, an open kitchen and dining area, and a smart, highly livable floor plan create an inviting owner-user residence with character and comfort. On the lower level, two one-bedroom apartments offer traditional charm, large picture windows, light-filled living rooms, wood floors, efficient layouts, and updated mechanical systems. The property has been carefully maintained and improved over the years, including seismic retrofitting, making it an appealing option for both owner-users and investors. With stable tenancy in place, rents at or near market, and projected rent potential of $4,200 per month for the vacant two-bedroom unit, the property offers a compelling blend of lifestyle and income. Just minutes from Beachwood Cafe and Market, Griffith Park hiking trails, Hollywood, Burbank studios, and Downtown LA, this Beachwood Canyon triplex is an ideal home base for canyon living with easy access to the best of Los Angeles. Read Less
Listing Snapshot
Days Online
15
Last Updated
Beds
4
3/4 Baths
3
Square Ft.
2,546
Lot Size
0.1 Acres
Year Built
1952
MLS Number
26856015
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Building
Built in 1952, Living area: 2546.0, 1 building, 2 stories, Levels: Two
Income
Gross Income: $124,500
Lot
0.1031 acres
Parking
4 total parking spaces, Assigned, DoorMulti, DoorSingle, Garage
Property
Canyon
Taxes
Parcel Number: 5585005006, Zoning: LARD4
Tenant Pays
Electricity, Gas
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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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