Property listed by Douglas Elliman, Dafna Tene 310-595-3888
$1,380,000
A rare opportunity to own a beautifully updated three-unit property in the highly sought-after Melrose Hills neighborhood of Los Angeles. Perfect for investors or owner-users, this versatile property offers excellent income potential ,The front residence is a charming 4-bedroom, 2-bath single-family home featuring hardwood floors throughout, a modern kitchen with… Read More stainless steel appliances, recessed lighting, beautifully remodeled bathrooms with contemporary vanities, designer tile, brushed steel fixtures, and private front and rear yards.The property also includes two spacious, fully remodeled 2-bedroom, 1-bath apartments (approximately 900-1,000 sq. ft. each). Each unit offers updated finishes, separate gas and electric meters, and is ideal for generating strong rental income or accommodating extended family. also a possiblity to add an ADU.Ample on-site parking adds to the property's appeal for both owners and tenants.Ideally located near Melrose Avenue, residents enjoy convenient access to boutique shopping, popular restaurants, entertainment, and major transportation routes, providing easy access to Downtown Los Angeles and surrounding areas.For investors seeking additional opportunity, this property may also be purchased together with the adjacent property at 817 N. Harvard Blvd, offered at $1,275,000 for a bigger project.Please do not walk the property or disturb the tenants. Shown by appointment only with a minimum of 24 hours' notice. Read Less
Listing Snapshot
Days Online
80
Last Updated
Beds
8
3/4 Baths
4
Square Ft.
2,606
Lot Size
0.18 Acres
Year Built
1920
MLS Number
26859319
Additional Details
Appliances & Equipment
Dishwasher, Dryer, Washer
Building
Built in 1920, Living area: 2606.0, 2 buildings, Levels: Two
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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